Tyson Foods, Inc. (TSN) reported that its fourth-quarter adjusted earnings per share declined 29% from a year ago. Adjusted operating income was $823 million, down 29% from prior year. Tyson Foods noted that its productivity program, announced one year ago and designed to deliver more than $1 billion in recurring annual savings by the end of 2024, has accelerated ahead of schedule and is now expected to be achieved by the end of fiscal 2023.
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