Tyson’s beef, pork operations put company on track for strong year
Due to continued strong performance by its beef and pork segments, Tyson Foods is still on track to deliver the second-best annual earnings per share in company history despite depressed chicken pricing, input costs at or near record levels and a sluggish economy, according to Donnie Smith, president and CEO of Tyson Foods Inc. Smith made his comments at the Barclays Capital 2011 Back to School Consumer Investor Conference.
"The efficiency improvements we've made over the past several years have made our operations very competitive and delivered sustainable earnings improvement," Smith said.