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Tyson Foods Rebounds: Q4 Profit Soars on Strong Beef and Pork Demand
Springdale, Tuesday, 12 November 2024.
Tyson Foods reported a significant turnaround in Q4 2024, with net income rising to $357 million from a $450 million loss last year. Strong demand for beef and pork, coupled with lower costs, offset challenges in the chicken segment. The company’s shares jumped over 8% on the news.