Strong demand for chicken in the United States. Tyson Foods (TSN.US) reported better-than-expected Q3 performance and raised its full-year guidance.
Zhifutong Finance APP learned that due to the continued prosperity of the American chicken business offsetting the losses in the beef business, Tyson Foods (TSN.US) announced quarterly profits that exceeded expectations and raised its annual profit guidance. The financial report shows that Tyson Foods' sales for the third quarter ending in June reached $13.884 billion, a 4% increase compared to the same period last year, exceeding market expectations; adjusted earnings per share were $0.91, a 5% increase compared to the same period last year, also better than market expectations.
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