BNET Industries
Market Cap:$3.7B
Last Fiscal Year Sales:$26.8B
- Public
- US
Dow Jones Description
Founded in 1935, Tyson Foods, Inc. and its subsidiaries (collectively, Company, we, us or our) are the worlds largest meat protein company and the second-largest food production company in the Fortune 500 with one of the most recognized brand names in the food industry. We produce, distribute and market chicken, beef, pork, prepared foods and related allied products. Our operations are conducted in four segments: Chicken, Beef, Pork and Prepared Foods. Some of the key factors influencing our business are customer demand for our products; the ability to maintain and grow relationships with customers and introduce new and innovative products to the marketplace; accessibility of international markets; market prices for our products; the cost of live cattle and hogs, raw materials and grain; and operating efficiencies of our facilities. We operate a fully vertically integrated poultry production process. Our integrated operations consist of breeding stock, contract growers, feed production, processing, further-processing, transporting and marketing chicken and related allied products, including animal and pet food ingredients. Through our wholly-owned subsidiary, Cobb-Vantress, Inc. (Cobb), we are the largest poultry breeding stock supplier in the world, supplying Tyson as well as a number of other poultry production companies. ...
Number of Employees 107,000
Peer Companies
NAICS Code Poultry Processing: 311615
Recent Events
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Tyson Foods TSN Approves $0.04 Per Share Dividend - Annual Yield 1.20%
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Tyson Foods posts 4Q loss on beef charge
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Tyson foods posts quarterly loss on goodwill charge
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Tyson Foods names Donnie Smith CEOSPRINGDALE, Ark. (Nov. 19, 2009)
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Company veteran Donnie Smith gets top Tyson job
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Tyson Foods posts loss on charge in beef business
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Donnie Smith Promoted to CEO of Tyson Foods
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U.S. stock futures rally following remarks by Fed officials
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Opening View: Fed Speeches Bolster Wall Street Bulls
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Lincoln casts two votes against public option
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Findings of Oklahoma witness decried by Arkansas poultry companies
News & Analysis
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tyson and tyson foods inc. - All News and Analysis
Tyson Puts Entire Company Up as Collateral
One analyst says that Tyson Foods' move to put the whole company up as collateral under new agreements with its creditors is not an unusual one for a company going through a down cycle. But this isn't just any down cycle. The poultry industry is hurting bad,...
Tyson's Losses on Chicken are Pilgrim's Pride's Losses Too
Some analysts and stockholders might not like it, but Tyson Foods CEO Richard Bond is willing to sacrifice some profits now if it means squeezing the life out if Pilgrim's Pride, the world's largest poultry processor, which might go bankrupt this month. He didn't say that, of...
Tyson's Fingerman awarded ACF President's Medal
SPRINGDALE, ARK. -- The American Culinary Federation awarded one of its 2008 President's Medallions to Ira Fingerman, national manager for Lady Aster, a Tyson Foods Inc. brand. The award, which the ACF also presented to 24 other individuals, recognizes commitment and service to the standards and excellence. Fingerman, whose chief...
Tyson settles suit by rivals over antibiotics advertising
Tyson Foods Inc. has settled a multimillion-dollar lawsuit filed by two of its competitors who allege the Springdale-based poultry producer used deceptive marketing about its antibiotics use in chickens. Perdue Farms, based in Salisbury, Md., and Sanderson Farms of Mississippi filed suit against Tyson in U.S. District Court in...
Tyson's profit falls 40 percent; higher production costs cited
Tyson Foods Inc. said first-quarter profit dropped 40 percent amid higher production costs and added that it will raise prices to offset those costs. The world's largest meat processor also withdrew earnings guidance for the year because of the "extremely volatile and fluctuating" commodity markets. The company reported earnings...
Tyson turns to profit for 4Q and fiscal year
Tyson Foods Inc. turned to a profit for its fiscal 2007 year with all segments--chicken, beef and pork and prepared foods--showing improvement and the company posting record sales. The world's largest processor and marketer of chicken, beef and pork and the second-largest food production company in the Fortune 500...
Tyson says layoffs to create efficiencies
A spokesman for Tyson Foods Inc. said last week that the company was laying off managers throughout its North American operations in an effort to create better efficiencies at the meat processor. Spokesman Gary Mickelson would not say how many people in management positions Tyson was letting go, only...
Tyson donates protein to NY Food Bank
BUFFALO, N.Y. -- Tyson Foods Inc. donated a truckload of protein foods to the Food Bank of Western New York. The donation consisted of more than 30,000 pounds of chicken products, which is said to be the equivalent of 120,000 meals. This is the sixth truckload of food that Tyson...
Tyson Foods Continues management shakeup
Bill Lovette, senior group vice president of poultry and prepared foods at Tyson Foods Inc., is leaving the company and his position will not be filled, the meat processor said last week. The departure of the long-time senior executive was one of many senior management changes the company announced...
Tyson introduces new frozen snack
As part of an ongoing effort to provide consumers with fast and flexible foods options, Tyson Foods, Inc. is introducing a new line of restaurant-style frozen snacks called Tyson Any'tizers.
Industry Transcripts by Seeking Alpha
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The J.M. Smucker Company F2Q10 (Qtr End 10/31/09) Earnings Call Transcript
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