Tyson Foods reports Q1 adjusted EPS 69c, consensus 41c

Reports Q1 revenue $13.3B, consensus $13.27B. “Our team executed well in the quarter and delivered tangible results, including our third sequential quarter of adjusted operating income growth,” said Donnie King, President & CEO, Tyson Foods. “We saw the benefits of our diverse protein portfolio and realization of operational efficiencies from the strategic decisions we made in the past year. Although we still have work to do, I am pleased with our first quarter results and am confident we are on the right path to deliver long-term shareholder value,” King concluded. “Going forward, we will continue to prioritize our liquidity and financial health, our focus on operational excellence, and our relentless pursuit to win with customers and consumers.”