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Tyson Foods (TSN.US) Q4 Operating Profit Grew 117% YoY, Expected to Improve Gradually Next Year

Market IntelTuesday, Nov 12, 2024 8:30 am ET

1min read

TSN +0.20%

Tyson Foods (TSN.US) beat expectations in Q4 and said it expects improvement next year as its chicken business improves and demand for prepared foods offsets a decline in its beef business.

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Turbonik1

11/12

Tyson's chicken business is getting crispy (get it? like fried chicken?) and I'm here for it! Seriously though, good job TSN.US, good job

Curious_Chef5826

11/12

117% growth is nice, but what's driving the bulk of that? Need more insight into their operational costs before getting too excited

PvP_Noob

11/12

This is exactly what I've been saying - the demand for prepared foods is where the growth is! Tyson's making the right moves

ReindeerApart5536

11/12

Gradual improvement expected next year? That's just corporate speak for 'we're not gonna disappoint... yet'

Accomplished-Bill-45

11/12

As a cattle farmer, the decline in beef business is worrying. Hope Tyson finds a way to support local farmers like me soon

Senyorty12

11/12

Prepared foods offsetting beef decline? That's a thin line to walk. Let's see how sustainable this growth is before jumping in

racoontosser

11/12

Loving the 117% YoY growth! Tyson's on fire! Long TSN.US for sure, expecting a strong 2024

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