Tyson Foods reported third quarter sales of$10.885 billion and net sales of $31.521 billion over the first nine months of its fiscal year. The prepared foods and beef segments produced the strongest results for the company, while chicken sales were flat and the pork segment was negatively affected in increased hog coast, said President/CEO Noel While.
“Overall, third quarter earnings were in line with our expectations,” said White. “Volume growth in our core retail lines continues to outpace other large food companies and the total food and beverage category, driven primarily by our new product innovation.”