Tyson Foods delivered solid Q3 results with year-over-year growth in sales and adjusted EPS. Strength in chicken and prepared foods offset a goodwill impairment in beef. The company remains focused on operational execution and protein demand.
Revenue reached $13.884 billion, up from $13.353 billion in Q3 2024.
Adjusted EPS increased to $0.91, up from $0.87 the prior year.
The beef segment recorded a $343 million goodwill impairment, contributing to weak GAAP EPS.
Prepared Foods and Chicken delivered strong adjusted operating margins of 9.8% and 8.2%, respectively.
Tyson expects stable protein production levels in FY2025 with modest revenue growth and improved adjusted operating income, especially from chicken and prepared foods.
Visualization of income flow from segment revenue to net income