Tyson Foods to shut down Kansas meat plant, over 800 jobs affected

Tyson Foods will permanently close its Emporia, Kansas meat plant, affecting over 800 employees, amid ongoing layoffs and closures at multiple U.S. facilities.

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.86%

Tyson Foods stock rises on earnings beat, strong outlook

Tyson Foods reported strong Q4 earnings of $0.92 per share, beating estimates, with a 5.9% stock increase and optimistic outlook for fiscal 2025, including a dividend boost.

Tyson Foods profit tops estimates on strong beef, pork demand; shares jump

Tyson Foods exceeded Q4 profit expectations due to strong beef and pork demand, despite chicken slowdown; adjusted earnings at 92 cents per share, shares rose over 8%.

Return of US drought delays cattle-herd rebuilding, hurting Tyson Foods

U.S. cattle production is hindered by drought, delaying herd expansion and affecting meatpackers like Tyson Foods, leading to higher beef prices and potential future shortages.

Hormel Foods cuts annual sales forecast on lower turkey prices

Hormel Foods has cut its 2024 sales forecast due to lower commodity prices and a production disruption, with Q3 sales also missing expectations, though some brands showed demand growth.