Tyson Foods Reports Soaring Q1 Profit on Strong Beef, Chicken Demand

Tyson Foods products on the shelves of a grocery store in Atlanta, Georgia (Shutterstock)

Tyson Foods Inc. of Springdale (NYSE: TSN) on Monday reported $359 million for its fiscal first quarter of 2025, soaring 235.5% from $107 million in the same quarter a year ago.

The income came on revenue of $13.6 billion, up 2.3% from $13.3 billion a year ago. Earnings per share came to $1.01, an increase from 30 cents.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 79 cents per share.

It was the company’s third consecutive quarter of year-over-year growth in sales, operating income, and earnings per share.

“Our best quarterly performance in more than two years reflects improved execution across the business, including exceptional results in chicken,” CEO Donnie King said in a statement. “Consumers remain focused on adding protein to their diets, and our diversified multi-channel, multi-protein portfolio ensures we are well-positioned to meet this demand while reinforcing our leadership as a world-class food company.”

The company raised its forecast for fiscal 2025 by $100 million, and is now expecting between $1.9 billion and $2.3 billion in operating income.

Shares of the company rose more than 1% Monday morning to $57.32. Over the past year, shares were flat.

The beef segment reported sales of $5.3 billion, up from $5 billion a year ago. The segment posted a an operating loss of $64 million, improving on a loss of $206 million in the same period a year ago.

The chicken segment reported sales of $4.1 billion, up from $4 billion. Operating income was $351 million, nearly doubling income of $177 million a year ago.

The prepared foods segment reported sales of $2.47 billion, down 2.8% from $2.54 billion. Operating income was $209 million, down nearly 14% from $243 million.

The pork segment reported sales of $1.6 billion, up from $1.5 billion. Operating income was $59 million, up 51.3% from $39 million.

The international segment reported sales of $534 million, down 8.2% from $582 million. Operating income was $25 million, up from a loss of $22 million.