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Tyson Foods financial recovery: Turning the tide in 2024

Tyson Foods reported three negative quarters to end fiscal 2023.
Credit: KFSM

ARKANSAS, USA — The financial recovery of Tyson Foods seems well on its way.

The food-producing company in Springdale had a well-documented and forgettable year in 2023, reporting an income loss of $648 million. Tyson Foods reported three negative quarters to end fiscal 2023, the company’s first quarterly losses since 2009.

The company’s chicken segment, the historic backbone of its operations, had a disastrous year, reporting negative operating income of $770 million.

To read more about this story, our content partner Arkansas Busines has the full story here

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