Tyson Foods reports Q2 adjusted EPS 87c, consensus 78c

Reports Q2 revenue $13.65B, consensus $13.61B. “We delivered strong results in the second quarter, with our Chicken and Prepared Foods segments driving meaningful momentum. Our disciplined balance sheet management, execution and diversified, multi-protein portfolio position us to capitalize on significant growth opportunities ahead,” said Donnie King, president and CEO of Tyson Foods (TSN). “We remain focused on continuous improvement, leveraging our scale and operating capabilities to better serve our customers and consumers. With sustained market demand for protein and our proven ability to innovate and execute, we’re well-positioned for long-term value creation. It has enabled us to return $445 million of cash to our shareholders year to date, through a combination of dividends and share repurchases.”