|Bid||62.43 x 1000|
|Ask||62.55 x 900|
|Day's range||62.30 - 62.96|
|52-week range||42.57 - 94.24|
|Beta (5Y monthly)||0.67|
|PE ratio (TTM)||11.60|
|Earnings date||03 Aug 2020 - 07 Aug 2020|
|Forward dividend & yield||1.68 (2.73%)|
|Ex-dividend date||29 May 2020|
|1y target est||79.09|
Tyson Foods, Inc. (TSN) today published its 2019 Sustainability Report, “Grow – Deliver - Sustain” [LINK], outlining progress toward its sustainability goals and announcing key achievements in five focus areas: Food, Animal Welfare, Environment, Workplace, and Communities. The goal of Tyson Foods' sustainability initiative is to ensure the company produces safe, nutritious food for the global population and makes a positive impact on the world.
While much of the USA cautiously begins opening for business again, hoping the COVID-19 pandemic is withering away, Tyson Foods (NYSE: TSN) faces an apparent resurgence of the novel coronavirus: 570 employees at a North Carolina chicken processing facility with a total workforce of 2,000, or roughly 28.5%, are confirmed to be infected after testing. The meatpacking industry, where workers typically carry out their tasks in crowded conditions, was earlier hit by significant local outbreaks. At one point, America's meat supply chain was thought to be verging on breakdown, prompting President Trump to issue an executive order mandating the industry to keep operating.
David J. Bronczek, 65, has been appointed to the board of directors of Tyson Foods (TSN), company officials announced today. Bronczek is the recently retired president and chief operating officer of FedEx Corporation, the global logistics and transportation company. A native of Ohio and graduate of Kent State University, Bronczek also has experience as an independent public company director, previously serving on the board of International Paper.
Federal recommendations meant to keep meatpacking workers safe as they return to plants that were shuttered by the coronavirus have little enforcement muscle behind them, fueling anxiety that working conditions could put employees' lives at risk. Extensive guidance issued last month by the Occupational Safety and Health Administration and the Centers for Disease Control and Prevention recommends that meatpacking companies erect physical barriers, enforce social distancing and install more hand-sanitizing stations, among other steps.
Thousands of coronavirus cases have been linked to meatpacking plants. Are Tyson and its peers doing enough to protect employees and the public?
SPRINGDALE, Ark., May 08, 2020 -- The Board of Directors of Tyson Foods, Inc. (NYSE: TSN), at a meeting on May 7, 2020, declared a quarterly dividend of $0.42 per share on.
Tyson Foods, Inc. (TSN) announced today that it has partnered with Axiom Medical, a leading occupational health services and incident case management provider, to help support team members during the COVID-19 crisis. Tyson Foods has already put in place a host of safeguards and guidelines to help ensure team member health and safety at all of its facilities that meet or exceed CDC and OSHA guidance. “Our top priority is the health and safety of our team members, their loved ones and our communities,” said Tom Brower, Senior Vice President of Health and Safety for Tyson Foods.
Smithfield Foods Inc will restart its plant in Sioux Falls, South Dakota from May 7 after being idled for more than three weeks due to the coronavirus outbreak, the world's biggest pork processor said late on Wednesday. The union representing plant employees at the South Dakota facility said earlier this week that Smithfield had resumed limited operations at the plant. Last week, President Donald Trump ordered meat-processing plants to stay open to protect the food supply in the United States, despite concerns about coronavirus outbreaks, drawing a backlash from unions that said at-risk workers required more protection.
— U.K. has become second country to record more than 30,000 deaths as a result of the coronavirus pandemic. UNITED NATIONS — The United Nations is increasing its appeal to fight the coronavirus pandemic in fragile and vulnerable countries from $2 billion to $6.7 billion. U.N. humanitarian chief Mark Lowcock reiterated that the peak of the pandemic is not expected to hit the world’s poorest countries for three to six months.
Tyson Fresh Meats, Inc., the beef and pork subsidiary of Tyson Foods, Inc. (TSN) today announced it will resume limited production at its Waterloo, Iowa facility on Thursday, May 7. Team members have been invited to tour the facility Wednesday to view the enhanced safety precautions and protective social distancing measures installed throughout the plant. The reopening of the facility follows a tour of the plant by Black Hawk County health officials, Waterloo Mayor Quinten Hart, Black Hawk County Sheriff Tony Thompson, UFCW Local 431 President Bob Waters and other local business leaders and a subsequent joint company and community leader review of the company’s protocol to safely resume operations.
Iowa Mayor Quentin Hart expresses his fears to Yahoo Finance about opening a Tyson meat processing plant too soon.
Beyond founder and CEO Ethan Brown talks with Yahoo Finance immediately following the company's latest earnings report.
Lack of available testing and growing worries over the country’s food supply injected new levels of uncertainty into the U.S.'s effort to manage the coronavirus' fallout.
Tyson Fresh Meats, Inc., the beef and pork subsidiary of Tyson Foods, Inc. (TSN), will resume limited production today at its Pasco, Washington, beef facility. The facility temporarily idled operations on April 23 to test its team members for COVID-19. Team members were asked to self-isolate until their results returned.
As the coronavirus spread from the nation’s meatpacking plants to the broader communities where they are located, it burned through a modest duplex in Waterloo, Iowa. In the downstairs unit lived Jim Orvis, 65, a beloved friend and uncle who worked in the laundry department at the Tyson Foods pork processing facility, the largest employer in Waterloo. Upstairs was Arthur Scott, a 51-year-old father who was getting his life back on track after a prison term for drugs.
The global pandemic has hit Tyson Foods (NYSE: TSN) from multiple directions. On the demand side, sales have shifted from foodservice to retail as the restaurant industry reels from the pandemic. While total revenue was up for Tyson in the second quarter, elevated production costs hurt the bottom line, and the company missed analyst estimates across the board.
Tyson Foods' (TSN) second-quarter fiscal 2020 results reflect demand shift from foodservice to retail. Management expects volumes to decline in the second half of fiscal 2020.
None of this week's jobs numbers are expected to bring good news, but absorbing the impact of current conditions is part of the healing process.
Tyson (TSN) delivered earnings and revenue surprises of -36.36% and -6.47%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Tyson reported lower-than-expected earnings and revenue for the quarter ended on March 28, before processors shut massive slaughterhouses as the respiratory illness spread among workers. Shares fell more than 8% as Tyson also said meat sales will fall in the second half of the year because the outbreak has reduced restaurant demand.