Tyson Foods Q2 GAAP EPS -$0.28 vs $2.28 a year ago; operating loss of $49M

TYSON FOODS, INC.

2023-Q2 EPS reported $0.61 revenue$26,393,000,000

Second-quarter sales $13.13B, flat YoY; GAAP operating loss of $49M vs income $1.16B last year.
Adjusted operating income $65M; adjusted EPS -$0.04, down from $2.29 in prior-year quarter.
Six-month sales $26.39B (+1% YoY); GAAP net income $0.61 per share vs $5.35 a year ago.
Results reflect challenging protein markets and elevated input costs despite strong branded food performance.
No updated guidance provided; company continues to focus on growth strategy and cost discipline.

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 0.9

TYSON FOODS, INC. reported second quarter ended April 1, 2023 results: revenue $ 13,133, EPS $ (0.28).

Period: second quarter ended April 1, 2023
Revenue: $ 13,133
EPS: $ (0.28)
Result: reported results

Exact text from the filing

Park, Wright, Aidells, ibp and State Fair , today reported the following results: (in millions, except per share data) Second Quarter Six Months Ended 2023 2022 2023 2022 Sales $ 13,133 $ 13,117 $ 26,393 $ 26,050 Operating Income (Loss) $ (49) $ 1,156 $ 418 $ 2,611 Adjusted 1 Operating Income (non-GAAP) $ 65 $ 1,161 $ 518 $ 2,593 Net Income (Loss) Per Share

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18 earnings releases filed in the last 30 days. Browse all earnings releases →

TYSON FOODS, INC. filing history →

Source: SEC EDGAR

accession 0000100493-23-000066

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