JBS Profit Surges to Two-Year High on Booming Chicken Demand
JBS, the biggest global meat producer, is reaping the benefits of a world that’s eating more chicken, sending demand surging and helping the company post its best quarterly profit in two years.
Tyson Foods Names Calaway CFO, Replacing Heir
Tyson Foods said Curt Calaway has been named chief financial officer, replacing company heir John R. Tyson.
Tyson, JBS Set for Earnings Spike From Poultry Rebound
Companies including Tyson Foods Inc. and JBS SA, which control a sizable chunk of global meat supplies, are set to report a spike in earnings for the quarter ended in June as a rebound in poultry profits counterbalances a downturn in their US beef operations.
Tyson Foods Reorganizes, Appoints New Supply Chain Chief
Tyson Foods will centralize areas such as transportation and warehousing under fresh meats head Brady Stewart in the food giant’s latest effort to restore profits.
Tyson Foods Reportedly Explores Sale of China Business
Tyson Foods Inc., the biggest U.S. meat company, is exploring options including a potential sale of its China business, according to people with knowledge of the matter.
Tyson Foods to Close Four Chicken Processing Plants
Tyson Foods Inc. is closing four chicken processing plants as it looks to lower costs.
Tyson Foods’ Earnings Beat Estimates on Soaring Meat Prices
Tyson Foods Inc., the top U.S. meat company by sales, reported better-than-expected earnings as surging prices for beef and chicken helped to offset a decline in volumes amid a tight labor market.
White House Blasts Meatpackers for Grocery ‘Profiteering’
The Biden administration is taking aim at major meatpackers, charging that “pandemic profiteering” is squeezing consumers and farmers alike, with a few companies that dominate the industry raking in record profits.
Tyson Earnings Top Estimates on Beef Demand
Tyson Foods Inc., the biggest U.S. meat company, reported better-than-expected fiscal second-quarter earnings and raised its sales forecast as beef markets strengthen and the company increases prices to pass through higher costs.
George’s Taps Tyson Foods Executive Bryan McDuffie to Head Transportation Unit
Bryan McDuffie, a top transportation executive at Tyson Foods, has been named vice president of transportation at George’s Inc., one of the nation’s largest privately owned poultry processing firms.