Tyson Foods says beef margins pressured by higher cattle costs

Says strong chicken profitability and targeted operational actions in beef underscore focused execution amid prolonged cattle supply headwinds. Says volume and mix-driven pricing drove prepared foods sales growth. Says chicken sales growth driven by volume and strong consumer demand. Says beef margins pressured by higher cattle costs. Says uniquely positioned to capitalize on protein demand as new dietary guidelines validate strategy and consumer preferences continue favoring real food. Comments taken from Q1 earnings conference call.