Tyson Foods Q1 sales rise to $13.26B but EPS plunges to $0.88 from $3.07 YoY

TYSON FOODS, INC.

2023-Q1 EPS reported $0.88 revenue$13,260,000,000

Sales of $13.26B, up 2.5% YoY from $12.93B; operating income fell 68% to $467M.
Adjusted EPS of $0.85 vs $2.87 a year ago; adjusted operating income $453M vs $1,432M.
Net income per share attributable to Tyson was $0.88, down from $3.07 in Q1 2022.
Press release highlights record first-quarter sales but steep profit drop across segments.
No guidance update provided in the filing; results for quarter ended Dec 31, 2022.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

TYSON FOODS, INC. reported first quarter ended December 31, 2022 results: revenue $ 13,260, EPS $ 0.88.

Period: first quarter ended December 31, 2022
Revenue: $ 13,260
EPS: $ 0.88
Result: reported results

Exact text from the filing

today reported the following results: (in millions, except per share data) First Quarter 2023 2022 Sales $ 13,260 $ 12,933 Operating Income $ 467 $ 1,455 Adjusted 1 Operating Income (non-GAAP) $ 453 $ 1,432 Net Income Per Share Attributable to Tyson $ 0.88 $ 3.07 Adjusted 1 Net Income Per Share Attributable to Tyson (non-GAAP) $ 0.85 $ 2.87

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TYSON FOODS, INC. filing history →

Source: SEC EDGAR

accession 0000100493-23-000022

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