Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Tyson Foods    TSN

Mes dernières consult.
Most popular
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Tyson Foods, Inc. : Tyson Foods Preparing for Growth

share with twitter share with LinkedIn share with facebook
share via e-mail
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
Latest news on TYSON FOODS
04/19TYSON FOODS : Trademark Application for "UN-MESS-STEAK-ABLE" Filed by Tyson Food..
04/13HOSTESS BRANDS, INC. (NASDAQ : TWNK) Files An 8-K Departure of Directors or Cert..
04/13TYSON FOODS : Recognizes Suppliers of the Year; Seven Companies Selected for Ann..
04/12TYSON FOODS : Donates Over $240,000 and Truckload of Protein to Kansas Food Bank
04/10TYSON FOODS : Consumers, packers demanding BQA certification
04/08TYSON FOODS : donates 40,000 pounds of chicken toward Scouting for Food drive
04/07TYSON FOODS : UFCW Expand Workplace Safety Efforts
04/06TYSON FOODS : UFCW Expand Workplace Safety Efforts; Company, union collaboration..
04/05LIVESTOCK HIGHLIGHTS : Top Stories of the Day
04/05TYSON FOODS : expanding safety programs to 12 poultry plants
More news
News from SeekingAlpha
04/20International Paper Is A Buy At Current Prices - Cramer's Lightning Round (4/.. 
04/19Tyson closes Georgia plant after fire 
04/10Leucadia National's Game-Changing Strategy 
04/06Soft commodities, farm equipment makers slump on tariff threat 
04/02Tariff concerns hit Tyson Foods 
Financials ($)
Sales 2018 40 964 M
EBIT 2018 3 570 M
Net income 2018 2 975 M
Debt 2018 8 635 M
Yield 2018 1,88%
P/E ratio 2018 8,54
P/E ratio 2019 10,19
EV / Sales 2018 0,83x
EV / Sales 2019 0,81x
Capitalization 25 432 M
Duration : Period :
Tyson Foods Technical Analysis Chart | TSN | US9024941034 | 4-Traders
Technical analysis trends TYSON FOODS
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 82,4 $
Spread / Average Target 19%
EPS Revisions
Thomas P. Hayes President, Chief Executive Officer & Director
John H. Tyson Chairman
Stewart F. Glendinning Chief Financial Officer
Devin Graham Vice President-Technology
Scott J. Spradley Chief Technology Officer
Sector and Competitors
1st jan.Capitalization (M$)
TYSON FOODS-13.19%25 432
HORMEL FOODS-2.58%18 772
WH GROUP LTD-6.87%15 465
JBS SA-7.24%7 343
BRF - BRASIL FOODS SA-33.96%6 049