Tyson Foods delivers Q2 earnings beat, supported by chicken business strength

For the 4th ended March 28, 2026, the US nutrient processor posted adjusted net per stock of $0.87, up of expert estimates of $0.78.

Revenue came successful astatine $13.65 billion, somewhat supra expectations of $13.61 cardinal and up 4.4% from $13.07 cardinal a twelvemonth earlier.

Tyson’s quarterly show was supported by continued spot successful its chickenhearted segment, wherever request has remained resilient. The institution continues to navigate weaker conditions successful beef, wherever it expects a conception operating nonaccomplishment for the afloat fiscal year, reflecting tighter cattle supplies.

"We delivered beardown results successful the 2nd quarter, with our Chicken and Prepared Foods segments driving meaningful momentum,” Tyson Foods CEO Donnie King said.

“Our disciplined equilibrium expanse management, execution and diversified, multi-protein portfolio presumption america to capitalize connected important maturation opportunities ahead.”

Looking ahead, Tyson said it expects full institution income to summation betwixt 2% and 4% successful fiscal 2026. It forecast adjusted operating income of $2.2 cardinal to $2.4 cardinal for the year.

By segment, the institution projects adjusted operating income of $1.9 cardinal to $2.05 cardinal for chicken, $1.25 cardinal to $1.35 cardinal for prepared foods, and $250 cardinal to $300 cardinal for pork.

Its planetary concern is expected to lend betwixt $150 cardinal and $200 cardinal successful adjusted operating income. In contrast, the beef conception is projected to station an adjusted operating nonaccomplishment successful the scope of $350 cardinal to $500 million.

Tyson expects superior expenditures of $700 cardinal to $1.0 cardinal successful fiscal 2026 and escaped currency travel of $1.2 cardinal to $1.8 billion. Net involvement disbursal is forecast astatine astir $365 million, portion the adjusted effectual taxation complaint is expected to beryllium astir 25%.

The institution said full liquidity stood astatine $3.7 cardinal arsenic of precocious March and is expected to stay supra its $1.0 cardinal minimum target.

Shares of Tyson Foods added 2% pursuing the report.