revenue
40000–41000 $million
FY 2018
official guidance
TYSON FOODS, INC.
Last · NYSE$54.22+0.43 (+0.80%)close · yahoo · 13h ago
Market cap$19.07B281.8M sh
P/E · TTM33.5fwd 13.2 · eps 1.62
Beta0.40vs S&P 500
Div yield3.79%annual · TTM
52w range
$49.96$69.48
Volume3.8Msession
| Revenue | $55.7B |
|---|---|
| Operating income | $1.1B |
| Net income | $527.0M |
| Free cash flow | $913.0M |
| Operating margin | 2.0% |
| Net margin | 0.9% |
| Return on equity | 2.9% |
| Period | TTM 2026-06-27 |
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OpenFilings analyst
Our analyst
Agentic read of the latest earnings call — recommendation updates when we process a new transcript. Research synthesis, not investment advice.
Strong BuyBuyHoldSellStrong Sell
Strong portfolio and recovery potential are offset by execution risk and limited visibility into 2019 earnings.
Hold: Tyson delivered strong Q2 adjusted operating income of $694 million, up 11%, and reaffirmed FY2018 adjusted EPS guidance of $6.55-$6.70, but management conceded results should land near the low end. The key tension is a roughly $250 million freight headwind, of which $155 million—or about $0.31 per share—will not be recovered this year; the 2019 improvement thesis remains largely unquantified.
Themes
- Freight Inflation
- Pricing Recovery
- Chicken Hatchability
- Beef Margins
- Pork Capacity
- Advancepierre Integration
Near term
Pricing actions and cost reductions must close the $155 million FY2018 freight-recovery gap, with Q4 expected to be materially stronger than Q3.
Chicken hatchability, egg productivity, labor availability, weather-related inefficiencies, and higher feed costs remain important second-half swing factors.
Beef is expected to recover from its 3.3% Q2 margin toward above 6% for FY2018, while Pork faces increased capacity and is guided to approximately 8% margins.
AdvancePierre integration and Prepared Foods synergy capture remain positive, but sales expectations were trimmed and the business incurred one-time purchasing, exit, and capacity costs.
Discretionary buybacks depend on leverage moving toward approximately 2.0x adjusted EBITDA, limiting near-term capital-return support.
Longer term
Value-added Chicken and Prepared Foods, branded products, automation, and the Financial Fitness program are the main sources of potential earnings growth beyond commodity-cycle recovery.
The completed order-to-cash systems integration for AdvancePierre and Original Philly could improve cross-selling, distribution efficiency, and synergy capture into FY2019.
Robotics, automation, lower turnover, and plant productivity investments could improve margins over time, though they require upfront spending and execution.
Beef and Pork earnings remain exposed to livestock supply, processing capacity, export flows, and trade policy; analysts challenged the unusually weak Pork margin and received limited quantitative explanation.
Management has abandoned historical normalized-margin ranges in favor of annual segment guidance, reducing comparability and making the FY2019 earnings base harder to underwrite.
Red flags
Analysts repeatedly pressed management on the freight increase from $200 million to $250 million and the source of offsets; management maintained guidance but acknowledged the low end, leaving limited cushion.
Management would not quantify the Chicken margin impact from hatchability and supply inefficiencies or provide a breakout between live/fresh and further-processed poultry, citing competitive sensitivity.
The Pork margin decline was described as market normalization after an exceptional prior year, but management did not fully explain why the quarter was the weakest per-head and percentage margin since Q2 2013.
The expected FY2019 recovery from freight, hatchability, and labor issues is mainly qualitative; management declined to provide a framework for how much 2018 margin pressure will reverse.
Pricing recovery depends on customer acceptance and competitor behavior. Management characterized the required increase as manageable, but acknowledged meaningful difficulty and potential elasticity differences across categories.
Forward outlook
revenue growth
6 pct
FY 2018
official guidance
adjusted eps
6.55–6.7 $per share
FY 2018
official guidance
gross margin
—
FY 2018
official guidance
operating margin
—
FY 2018
official guidance
operating margin
8 pct
FY 2018
official guidance
operating margin
10 pct
FY 2018
official guidance
operating margin
11 pct
FY 2018
official guidance
OpenFilings analyst view from primary-source filings and earnings calls — not investment advice.
Upcoming earnings
1:30 PM UTC+1
Period
Sep 2026
Est. EPS
$0.75
Est. revenue
14.2B
Earnings transcripts
- Motley Fool
Tyson Foods (TSN) Q3 2026 Earnings Call Transcript
TYSON FOODS, INC.
- Issuer IR
Q3 2020 earnings call transcript
TYSON FOODS, INC.
- Issuer IR
Q2 2020 earnings call transcript
TYSON FOODS, INC.
- Issuer IR
Q1 2020 earnings call transcript
TYSON FOODS, INC.
- Issuer IR
Q3 2019 earnings call transcript
TYSON FOODS, INC.
- Issuer IR
TSN Q4 18 Transcript
TYSON FOODS, INC.
Press & signals
- GlobeNewswire
Tyson Foods Updated Fiscal 2026 Outlook on Company’s Investor Relations Website
- GlobeNewswire
Tyson Foods, Inc. Announces Pricing Terms of Previously Announced Debt Tender Offers
- GlobeNewswire
Tyson Foods, Inc. Announces Early Tender Results
The rest of this company's wire — with summaries and source links — is part of Pro.
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