Tyson Foods (TSN)
NYSE:TSN
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Earnings Data
Report Date
Aug 10, 2026Before Open (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
1.07Last Year’s EPS
0.91Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized multiple operational wins: raised AOI guidance, strong Chicken and Prepared Foods performance, meaningful contribution from an improving genetics business, improved cash generation and balance sheet progress. These positives were partly offset by significant headwinds in the Beef segment (forecasted multi-hundred-million-dollar loss), modest overall margins, a 5% decline in adjusted EPS, and ongoing input cost inflation. Management presented these negatives as controllable or transitional (footprint optimization, seasonality, one-time Q2 items) while expressing confidence in continued execution and upside potential.Company Guidance
Raised Full-Year Adjusted Operating Income Guidance
Company increased full-year adjusted operating income (AOI) guidance to $2.2B–$2.4B, a $100M increase at the midpoint, reflecting stronger year-to-date performance and confidence in continued momentum.
Strong Company Sales Growth
Total company sales grew 4.4% year-over-year to $13.7B in Q2, led by Pork with solid contributions from Chicken and Prepared Foods.
Chicken Segment Outperformance
Chicken segment operating income was $523M with a 12.2% margin; sales up 3.5% and volume up 1.7% year-over-year. Management raised Chicken AOI guidance to $1.9B–$2.05B (a $200M midpoint increase).
Prepared Foods Margin Expansion and Share Gains
Prepared Foods segment operating income rose to $352M (up ~7% YoY) with margin expanding to 14%; sales up 4.8% and volume up 0.4%. Volume share increased +70 bps and dollar share +50 bps, with category wins in bacon, lunchmeat, dinner sausage and snacking.
Genetics Business Contributing to Chicken Improvement
Management cited the internal Chicken genetics business as driving roughly one-third of the quarter-over-quarter improvement in Chicken performance and positioned as a structural, longer-term margin driver as new genetics roll through production.
Improved Cash Generation and Strong Balance Sheet Actions
First-half operating cash flow was $829M; capex $397M, producing free cash flow of $432M. Liquidity ended the quarter at $3.7B, net leverage improved to 2.2x, and gross debt was reduced nearly $1B over the past 12 months (including ~$300M this quarter).
Shareholder Returns and Capital Discipline
Year-to-date share repurchases totaled $92M and dividends paid were $353M, for a total of $445M returned to shareholders. Full-year capex guidance is $700M–$1B with free cash flow guidance improved to $1.2B–$1.8B.
International and Pork Performing Steadily
International segment continued momentum with annual outlook of $150M–$200M. Pork posted segment operating income of $41M (2.6% margin) and management reaffirmed Pork AOI guidance of $250M–$300M based on stable hog supply and demand.
TSN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 04, 2026 | $63.15 | $68.17 | +7.96% |
Feb 02, 2026 | $64.26 | $64.67 | +0.63% |
Nov 10, 2025 | $51.37 | $52.55 | +2.32% |
Aug 04, 2025 | $50.76 | $52.00 | +2.44% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Tyson Foods (TSN) report earnings?
Tyson Foods (TSN) is schdueled to report earning on Aug 10, 2026, Before Open (Confirmed).
What is Tyson Foods (TSN) earnings time?
Tyson Foods (TSN) earnings time is at Aug 10, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSN EPS forecast?
TSN EPS forecast for the fiscal quarter 2026 (Q3) is 1.07.
