Update: Tyson Cuts Fiscal 2026 Outlook for Revenue Growth, Adjusted Operating Income on Volatile Cattle Prices
MT newswire2026/09/03 14:02Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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10:02 AM EDT, 09/03/2026 (MT Newswires) -- (Updates to include fiscal 2026 adjusted operating income revision in headline and third paragraph.) Tyson Foods (TSN) reduced its fiscal 2026 revenue growth guidance to a range of 1.5% to 2% from the previous range of 2.5% to 3.5%, the company said Thursday. Analysts surveyed by FactSet expect revenue of $56.54 billion. The company also cut its fiscal 2026 adjusted operating income outlook to a range of $1.85 billion to $2.05 billion from the previous range of $2.1 billion to $2.3 billion. The outlook was revised mainly due to "significant margin compression amid volatile cattle prices and one of the most severe cattle shortages in US history, as well as the expected impact of lower cattle prices on the value of live cattle inventories," Tyson said. Tyson shares were 6.3% lower in Thursday trading. Price: 51.67, Change: -4.16, Percent Change: -7.44
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