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Tyson Foods surpassed estimations and earned $829 million for the second quarter of 2022

ConsumerGeniuses

ConsumerGeniuses

Tyson Foods achieved unicorn earnings in the second quarter of 2022 and surpassed analysts’ estimations. Despite inflation, the meat giant managed to make a net income of $829 million, or $2.29 a share, for the second quarter of 2022. As per the estimations of analysts of Yahoo Finance, the firm was expected to close its share at $1.88. Tyson Foods’ CEO, Donnie King, claimed that the exceptional sales in the beef category, consistent recovery in prepared foods, and major improvement in chicken led to more sales and better earnings.

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