TSN
Tyson Foods, Inc.58.19
-1.34-2.25%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q1 '26
Reporting tweak boosts volume drive
Q&A spotlighted the new segment reporting shift's intent: strip out fixed corporate costs to fire up volume growth, especially in beef, without altering total guidance. Prepared foods pricing is catching up to $100 million higher input costs via formula pass-through and mix, not pure hikes, amid ongoing share gains. Beef drew probes on closures' unquantified savings, tight herd with early rebuild hints, and Q2 headwinds before back-half grilling lift—management stayed measured. Chicken outlook rests on execution over commodity wiggles; Q2 started strong. No walk-backs. Guidance holds. Investors track beef losses and volume ramps. Q&A reaffirmed the script with tactical color.
Key Stats
Market Cap
20.54BP/E (TTM)
43.75Basic EPS (TTM)
1.33Dividend Yield
0.03%Recent Filings
8-K
Tyson closes $500M notes
Tyson Foods closed its $500,000,000 public offering of 4.950% senior notes due February 20, 2036, on February 20, 2026. The unsecured notes pay interest semiannually starting August 20, 2026, ranking equally with other senior debt. Standard covenants limit secured debt and mergers. Use of proceeds not disclosed.
8-K
Prices $500M notes due 2036
Tyson Foods entered an underwriting agreement on February 10, 2026, to sell $500 million of 4.950% Senior Notes due 2036, pricing the long-term debt at a closing expected February 20. Proceeds target general corporate purposes, chiefly retiring its 4.00% Notes due March 2026. Debt swap extends maturities.
8-K
Shareholders back board, reject proposals
Tyson Foods shareholders at the 2026 Annual Meeting elected all 14 director nominees, ratified PricewaterhouseCoopers as auditors for fiscal year ending October 3, 2026, and approved the amended 2000 Stock Incentive Plan plus executive pay on advisory basis. Three shareholder proposals—on share-class voting disclosure, waste lagoon impacts, and immigration effects—failed decisively. Board continuity intact.
8-K
Segment reporting revamped
Tyson Foods changed segment reporting effective Q1 fiscal 2026, stopping allocation of corporate expenses and amortization to segments since the CODM no longer uses them for performance assessment or resource allocation. International now stands as a reportable segment; prior periods back to 2023 recast accordingly. Cleaner metrics ahead. Exhibits detail recast GAAP and adjusted results.
8-K
Q1 sales up, profits down
Tyson Foods reported Q1 2026 sales of $14,313 million, up 5.1% year-over-year despite $150 million legal contingency accruals slashing revenue; GAAP operating income plunged 48% to $302 million, adjusted fell 13% to $572 million. Chicken posted fifth straight quarter of volume gains, Prepared Foods grew top and bottom lines. Beef bled $(319) million. Fiscal 2026 adjusted operating income outlook: $2.1-$2.3 billion.
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