Overview
- The company forecast fiscal 2026 revenue growth of 2% to 4%, above LSEG’s 2.3% consensus, and projected a $400 million to $600 million adjusted operating loss in beef.
- Fourth-quarter net sales rose 2.2% to $13.86 billion, missing estimates, while adjusted EPS of $1.15 beat; net income fell to $47 million and operating income dropped 70% year over year.
- Chicken volumes increased about 3.7%–3.8% with stable pricing, whereas beef volumes fell 8.4% even as prices climbed 17%, compressing margins.
- Tyson cited a smaller U.S. cattle herd and elevated cattle costs as the key pressures on beef production and profitability.
- Analysts highlighted the company’s multi-protein mix, with Goldman Sachs reiterating a Buy rating and lifting its price target to $65 on expectations that chicken strength will offset beef headwinds.