US EditionTyson: Fiscal Q2 Earnings Snapshot
- Tyson Foods reported second-quarter earnings for the period ended March 29, 2025, posting adjusted earnings of 92 cents per share in the US.
- The profit beat followed increased demand for chicken products amid high beef prices driven by low US cattle supplies and sustained frozen food demand.
- Tyson's quarterly net sales reached $13.07 billion, slightly missing analysts' $13.14 billion estimate due to $343 million in legal contingency accruals reducing reported sales.
- The company’s chicken segment grew particularly in restaurant and food service channels, raising its adjusted operating margin to 7.5%, while the pork business margin climbed to 3.7%.
- These results suggest Tyson Foods capitalized on shifting consumer preferences by expanding higher-margin segments despite challenges in beef pricing and legal-related sales impacts.
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Tidewater: Q1 Earnings Snapshot
HOUSTON (AP) — HOUSTON (AP) — Tidewater Inc. (TDW) on Monday reported net income of $42.7 million in its first quarter. The Houston-based company said it had profit of 83 cents per share. The offshore energy services provider posted revenue of $333.4 million in the period. Tidewater expects full-year revenue in the range of $1.32 billion to $1.38 billion. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) usin…
·San Antonio, United States
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