Monday, November 13, 2017

Tyson Foods Projects Adj. Earnings Growth Of 7-10% In FY18 - Quick Facts

Tyson Foods, Inc. (TSN) announced fiscal 2018 adjusted EPS guidance of $5.70-$5.85, representing an approximate 7-10% increase from fiscal 2017 adjusted EPS. The company expects fiscal 2018 sales to grow approximately 7% to approximately $41 billion which excludes the revenue of the three non-protein businesses held for sale. The expected increase in fiscal 2018 sales is attributed to incremental AdvancePierre sales of $1.2 billion, an increase in sales volume in legacy businesses excluding the impact of sales from the three non-protein businesses, and an increase in pricing predominantly in our Chicken segment.

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