Says independent board is undergoing thorough review of arrest of CFO John Tyson. Says construction of six new plants expected to be finished by end of FY23. Says gaining momentum driven by strength of consumer brands. Says expects retail share growth to continue. Says volume and margins remain string in beef. Says pork remains challenged by hog supply and global headwinds. Says prepared foods overcoming challenging macroenvironment. Says sequential operational improvement continues in chicken. Comments taken from Q4 earnings conference call.
Published first on TheFly
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