Tyson Foods Cuts Fiscal 2026 Revenue Growth Outlook on Volatile Cattle Prices
MT newswire2026/09/03 13:42Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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09:42 AM EDT, 09/03/2026 (MT Newswires) -- Tyson Foods (TSN) reduced its fiscal 2026 revenue growth guidance to a range of 1.5% to 2% from the previous range of 2.5% to 3.5%, the company said Thursday. Analysts surveyed by FactSet expect revenue of $56.54 billion. The outlook was revised mainly due to "significant margin compression amid volatile cattle prices and one of the most severe cattle shortages in US history, as well as the expected impact of lower cattle prices on the value of live cattle inventories," Tyson said. Price: 52.47, Change: -3.35, Percent Change: -6.00
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