Adjusted segment results (in millions) For fiscal 2024, the united states department of agriculture (usda) indicates domestic protein production (beef, pork, chicken and turkey) should decrease slightly compared to fiscal 2023 levels. The company rang up $5.603 billion in beef sales for the quarter, down 3.1% on volume and up 10% on price The beef segment reported adjusted operating losses of $151 million, down from losses of $69 million a year ago. Meat packerβs shares tumbling 9% before the bell. Tyson foods inc (tsn) reports robust sales and earnings growth, driven by strategic execution and market expansion despite challenges in the beef segment.
Reuters charts, maps and graphics Average price changes had a 0.2% positive impact on the top line, while total volumes grew 0.5% year over year The gross profit in the quarter was $1,060 million, up significantly from the.
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