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.
05/27 TYSON FOODS : $325K Donated to Dover Public Education Foundation from Tyson Food..
05/25 TYSON FOODS : Siouxland Strange
05/25 TYSON FOODS : Gives 325 000 Dollars to Dover Public Education Foundation
05/25 TYSON FOODS : Drug buy at Tyson parking lot part of lengthy trafficking probe
05/24 TYSON FOODS INC : Entry into a Material Definitive Agreement, Creation of a Dire..
05/24 TYSON FOODS : Gives 325 000 dollars to the Dover Public Education Foundation
05/24 Factbox - Food and drink makers' venture capital funds
05/24 Food and drink makers' venture capital funds
05/24 TYSON FOODS : Teams with World Resources Institute on Industry Leading Environme..
05/23 TYSON FOODS : Announces Pricing of Senior Notes Offerings
More news
Sector news : Animal Slaughtering & Processing
05/27 JBS : Crisis hit-JBS may reduce Brazil meat supplies - industry group
05/26 Norway salmon price seen plunging in coming week - industry sources
05/26 ALPARGATAS : Brazil's JBS holds first board meeting after scandal on Friday - so..
05/24 EXCLUSIVE - BRAZIL'S JBS AND CONTROL : sources
05/24 TOP GRAINS TRADERS FACE TOUGH CHOICE : Partner, merge or wait for bad weather
More sector news : Animal Slaughtering & Processing
News from SeekingAlpha
02:20p Tyson Foods - Chicken Cash
05/25 Should Investors Sell Sanderson Farms After A Strong Rally?
05/24 What Do You Do When Social Security Falls Short Of Your Needs?
05/22 Tyson Foods Is On Sale
05/22 Tyson Foods (TSN) Presents At Farm to Market Conference - Slideshow
Advertisement
Financials ($)
Sales 2017 37 147 M
EBIT 2017 3 075 M
Net income 2017 1 792 M
Debt 2017 7 137 M
Yield 2017 1,59%
P/E ratio 2017 11,84
P/E ratio 2018 11,46
EV / Sales 2017 0,75x
EV / Sales 2018 0,71x
Capitalization 20 898 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 11
Average target price 68,4 $
Spread / Average Target 17%
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.-5.42%20 898
HORMEL FOODS CORP-4.85%17 518
WH GROUP LTD14.47%13 332
BRF SA-4.73%11 614
HENAN SHUANGHUI INVEST..--.--%10 454
JBS SA-27.75%6 461
More Results