01:50 PM EDT, 05/05/2025 (MT Newswires) -- Tyson Foods' ( TSN ) fiscal second-quarter sales trailed Wall Street's estimates amid a "legal contingency accrual" that impacted the meat producer's top-line.

Sales were unchanged at $13.07 billion year on year, but lagged the $13.14 billion consensus view on FactSet. Adjusted per-share earnings rose to $0.92 for the quarter ended March 29 from $0.62 a year earlier, above the Street's $0.83 estimate.

A "legal contingency accrual" that mainly affected the pork business reduced sales by $343 million overall, Chief Financial Officer Curt Calaway said on an earnings conference call, according to a FactSet transcript.

The company's shares were down 7.3% in Monday afternoon trade.

Second-quarter pork sales dropped to $1.24 billion from $1.49 billion from a year earlier, while prepared foods were little changed at $2.4 billion. Chicken sales rose to $4.14 billion from $4.07 billion, while beef improved to $5.2 billion from $4.95 billion. The company reported volume declines in all but the chicken category.

"Looking ahead, our diversified multi-channel, multi-protein portfolio positions us well to capitalize on consumer demand for high-quality protein and deliver continued value to our shareholders," Chief Executive Donnie King said in a statement.

The company continues to expect fiscal 2025 consolidated sales to be flat to up 1% and adjusted operating income at between $1.9 billion and $2.3 billion.

"In beef, we're navigating a challenging environment with discipline. We're managing costs and enhancing mix toward more value-added offering," King said on the call. "While limited cattle availability is pressuring spreads, consumer demand has remained resilient."

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