03.08.2015 - Tyson Foods has improved performance, but did not meet analysts' expectations
Tyson Foods on Monday reported a net profit of 344 million dollars in the second quarter, against 258 million for the same period of the last year. Sales rose to 10.071 billion to 9.682 billion. The leaders of growth were the segments of food prepare and chicken, but beef segment showed weak results due to falling exports, which reduced profit by $ 84 million. We anticipate continued growth of quotations of the company in the medium term after the completion of the correction with the potential growth of 15-17% per annum until the end of the year.