09.05.2016 - Tyson Foods results have improved in the last quarter
Tyson Foods meat supplier has published financial results for the last quarter. Thus, the profit of the company totaled 432 million dollars against 310 million dollars a year earlier. Revenue fell by 8.1% to 9.17 billion dollars against 9.04 billion dollars forecast. The company's performance has improved due to rising consumption, lower animal feed prices and meat supply growth. The current trend is likely to continue in the near future and growth of the company's shares may reach 25-30% in the medium term despite the possibility of correction in the near future.