Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Tyson Foods, Inc.    TSN

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Tyson Foods, Inc. : Tyson Foods Preparing for Growth

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/07/2012 | 09:49pm CEST

NEW YORK, March 7, 2012 (GLOBE NEWSWIRE) -- Donnie Smith, president and chief executive officer of Tyson Foods, Inc. (NYSE:TSN), today told the Goldman Sachs 16th Annual Agricultural Biotech Forum that Tyson is in an enviable position in the industry due to its strong balance sheet.

"It gives us options," Smith said, "and that includes building out our foreign operations. We're establishing company-owned chicken farms in China to supply our three plants, and we're also double-shifting our plants in Brazil. Domestically, we'll use our capital to grow our prepared foods business, and that could mean building or buying, depending on our needs and the opportunities available. We'll continue reinvesting in our business, which has put us in a great competitive position. We also will maintain our focus on product innovation and adding value to chicken as we help our customers grow their businesses."

Noel White, senior group vice president of Tyson's fresh meats division, said he expects the company's pork margins to remain strong while its beef margins should improve throughout the year following a period of margin compression.

"We originally expected to see a 1-2% decrease in available cattle in 2012, but because fewer head were processed during this recent period of margin compression, we anticipate the availability of fed steers and heifers to be adequate or even greater for the balance of our fiscal year." White added that Tyson's beef processing plants are located in the regions with the highest concentrations of fed cattle, which contributes to the company's competitive cost structure.

About Tyson Foods

Tyson Foods, Inc. (NYSE:TSN), founded in 1935 with headquarters in Springdale, Arkansas, is one of the world's largest processors and marketers of chicken, beef and pork, the second-largest food production company in the Fortune 500 and a member of the S&P 500. The company produces a wide variety of protein-based and prepared food products and is the recognized market leader in the retail and foodservice markets it serves. Tyson provides products and services to customers throughout the United States and more than 130 countries. The company has approximately 115,000 Team Members employed at more than 400 facilities and offices in the United States and around the world. Through its Core Values, Code of Conduct and Team Member Bill of Rights, Tyson strives to operate with integrity and trust and is committed to creating value for its shareholders, customers and Team Members. The company also strives to be faith-friendly, provide a safe work environment and serve as stewards of the animals, land and environment entrusted to it.

The Tyson Foods, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3224

Forward Looking Statements

This release includes forward-looking statements as well as historical information. These forward-looking statements may include statements relating to domestic and international growth and cattle supplies. Actual results may vary.  Factors that could cause actual results to differ from those in the forward-looking statements include, but are not limited to: consumer demand and perceptions; the availability of raw materials; customer requests and requirements; and the ability to compete in products and prices in a competitive industry.

CONTACT: Jon Kathol, 479-290-4235

Image: Tyson Foods, Inc. Logo

Tyson Foods, Inc.
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TYSON FOODS, INC.
03/27 TYSON FOODS : Names Scott Stillwell Senior Vice President, Food Safety and Quali..
03/22 TYSON FOODS : U.S. farm heartland lobbies to steer Trump away from Mexico trade ..
03/21 Tyson Foods Sustainably Feeding the World with Growing Portfolio of Protein P..
03/17 TYSON FOODS : To present at cage conference
03/15 TYSON FOODS : Appoints Karen Diefendorf as Director of Chaplain Services
03/09 TYSON FOODS : Bird flu cases revive fear of repeat of major 2015 outbreak
03/09 Tyson Foods to Present at CAGE Conference
03/08 TYSON FOODS, INC. : Levi & Korsinsky, LLP Announces an Investigation Involving P..
03/08 TYSON FOODS : Civitans expand Backpack Buddies Program
03/07 TYSON FOODS : Bird flu strikes Tyson shares
More news
Sector news : Animal Slaughtering & Processing
03/27DJArcher Daniels Midland Sweet on Chamtor -- Market Talk
03/25 BRF : Whistleblower in Brazil meat scandal takes on powerful industry
03/25 BRF : Brazil meat probe will show further evidence of graft - sources
03/24 JBS : EU asks Brazil to suspend meat shipments amid scandal - sources
03/23DJJBS : Cuts Beef Production as Brazilian Officials Try to Reopen Export Markets -..
More sector news : Animal Slaughtering & Processing
News from SeekingAlpha
03/23 Sanderson Farms Rallies As Brazilian Meat Industry Investigations Intensify
03/22 Tyson Foods (TSN) Presents At Consumer Analyst Group Europe 2017 Annual Confe..
03/16 Avian flu hits second Tennessee breeder farm
03/16 Tyson Foods slips after Argus downgrade
03/10 COCKTAIL INVESTING EP. 7 : Crude Tumbles, Jobs, Inflation And The Fed As More Pe..
Advertisement
Financials ($)
Sales 2017 36 564 M
EBIT 2017 3 072 M
Net income 2017 1 834 M
Debt 2017 5 508 M
Yield 2017 1,63%
P/E ratio 2017 12,43
P/E ratio 2018 12,21
EV / Sales 2017 0,75x
EV / Sales 2018 0,73x
Capitalization 22 074 M
More Financials
Chart TYSON FOODS, INC.
Duration : Period :
Tyson Foods, Inc. Technical Analysis Chart | TSN | US9024941034 | 4-Traders
Full-screen chart
Technical analysis trends TYSON FOODS, INC.
Short TermMid-TermLong Term
TrendsBearishNeutralBearish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Average target price 69,0 $
Spread / Average Target 12%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Thomas P. Hayes President, Chief Executive Officer & Director
John H. Tyson Chairman
Noel W. White Chief Operations Officer
Dennis Leatherby Chief Financial Officer & Executive Vice President
Devin Graham Chief Technology Officer
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
TYSON FOODS, INC.0.26%22 074
HORMEL FOODS CORP-1.90%18 062
WH GROUP LTD4.13%12 357
HENAN SHUANGHUI INVEST..--.--%10 931
BRF SA-25.80%9 653
JBS SA-3.95%9 405
More Results