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

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

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
03/07/2012 | 09:49pm CET

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, INC.
01/12 TYSON FOODS : Announces Collaboration with North Carolina A & T State University
01/04 TYSON FOODS : Five To Be Inducted Into Arkansas Agriculture Hall Of Fame
01/03 TYSON FOODS INC : Change in Directors or Principal Officers (form 8-K)
01/03 TYSON FOODS, INC. (NASDAQ : TSN) Files An 8-K Departure of Directors or Certain ..
2016 Purcell Julie & Lefkowitz LLP Is Investigating Tyson Foods, Inc. for Potentia..
2016 TYSON FOODS : Expects Additional 66 Jobs at Kentucky Poultry Plant; Company will..
2016 TYSON FOODS : Expects Additional 66 Jobs at Kentucky Poultry Plant
2016 TYSON FOODS, INC. (NYSE : TSN) Files An 8-K Other Events
2016 TYSON FOODS INC : Other Events, Financial Statements and Exhibits (form 8-K)
2016 Tyson Foods Statement in Response to Ruling by Republic of the Philippines&rs..
More news
Sector news : Animal Slaughtering & Processing
03:02p Premier Foods cuts profit forecast, shares tumble
11:17a European shares retreat as Pearson plummets
01/17 European shares steady as banks turns positive after May speech
01/13DJKELLOGG : Names Fareed Khan as New CFO
01/12 MONDELEZ INTERNATIONAL : Cadbury owner Mondelez raises some prices on weak pound..
More sector news : Animal Slaughtering & Processing
News from SeekingAlpha
01/10 VALUATION DASHBOARD : Consumer Staples - Update
01/04 Georgia does a reset with new chicken price indexes
2016 JBS Foods Will Be One Of The Biggest IPOs Of 2017
2016 Cal-Maine Foods - An Egg-Ceptional Buying Opportunity
2016 Americans Are Eating More Meat - Bezek's Daily Briefing
Financials ($)
Sales 2017 36 407 M
EBIT 2017 2 943 M
Net income 2017 1 791 M
Debt 2017 5 634 M
Yield 2017 1,44%
P/E ratio 2017 12,92
P/E ratio 2018 12,65
EV / Sales 2017 0,77x
EV / Sales 2018 0,75x
Capitalization 22 293 M
More Financials
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
Technical analysis
Income Statement Evolution
More Financials
Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 70,5 $
Spread / Average Target 13%
Consensus details
EPS Revisions
More Estimates Revisions
Thomas P. Hayes President, Chief Executive Officer & Director
John H. Tyson Chairman
Dennis Leatherby Chief Financial Officer & Executive Vice President
Kevin M. McNamara Independent Director
Brad T. Sauer Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
TYSON FOODS, INC.1.04%22 293
BRF SA-5.02%11 742
WH GROUP LTD-2.54%11 581
JBS SA0.70%10 449
More Results