Executives from Tyson Foods Inc. told investors at the Barclays Global Consumer Staples Conference that the company is producing higher, more stable earnings and sales volume growth.
“As stated on our last earnings call, our adjusted earnings guidance for fiscal 2016 of $4.40-4.50 per share is 40 percent more than last year and represents a four-year compound annual growth rate of approximately 22 percent, and we’re confident we can achieve high single digit growth in fiscal 2017,” said Donnie Smith, Tyson Foods’ chief executive officer.