10:29 AM EST, 02/03/2025 (MT Newswires) -- (Updates with adjusted operating income guidance in fifth paragraph, sales guidance in sixth paragraph, stock move in seventh paragraph.)
Tyson Foods ( TSN ) reported fiscal Q1 adjusted earnings Monday of $1.14 per share, up from $0.69 a year earlier.
Analysts polled by FactSet expected $0.90.
Sales for the quarter ended Dec. 28 were $13.62 billion, compared with $13.32 billion a year earlier.
Analysts surveyed by FactSet expected $13.46 billion.
The company said it now expects fiscal 2025 adjusted operating income of $1.9 billion to $2.3 billion. It previously expected between $1.8 billion and $2.2 billion.
Tyson also said it now expects fiscal 2025 sales to be flat to up 1% compared with fiscal 2024. It previously expected fiscal 2025 sales to be down 1% to flat compared with fiscal 2024.
Tyson shares were rising nearly 3% in recent Monday trading.
Price: 57.66, Change: +1.17, Percent Change: +2.07