Tyson Foods Inc. (TSN) Misses Q3 EPS by 3c

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Go back to Tyson Foods Inc. (TSN) Misses Q3 EPS by 3c

Tyson Continues Growth With Record Third Quarter Earnings; Projects at Least 10% EPS Growth in 2015

July 28, 2014 6:00 AM EDT

SPRINGDALE, Ark., July 28, 2014 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE: TSN), today reported the following results:

(in millions, except per share data) Third Quarter Nine Months   2014 2013 2014 2013 Sales  $ 9,682  $ 8,731  $ 27,475  $ 25,480 Operating Income 351 419 1,124 959           Income from Continuing Operations 258 249 720 589 Loss from Discontinued Operation, Net of Tax (4) (70)... More

Tyson Foods to Sell Mexico and Brazilian Poultry Businesses

July 28, 2014 5:55 AM EDT

SPRINGDALE, Ark., July 28, 2014 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE: TSN) has reached a definitive agreement with JBS SA (BM&FBovespa Novo Mercado: JBSS3) (OTCQX: JBSAY) to sell its poultry businesses in Mexico and Brazil, the company announced today.

The transaction is valued at $575 million and will be paid for in cash. Tyson Foods officials currently expect the sale, which is subject to regulatory approval, to be completed by the end of 2014. JBS and Pilgrim's Pride currently expect to maintain all the... More