Tyson Foods Sees Strong Revenues, Rough Markets in Fiscal 2012, Stays Focused on Growth Opportunities
Tyson Foods Sees Strong Revenues, Rough Markets in Fiscal 2012, Stays Focused on Growth Opportunities
SUGAR LAND--November 20, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--Tyson Foods Incorporated (NYSE:TSN) (Springdale, Arkansas), a worldwide leader in the processing and marketing of chicken, beef, pork and other foods, battled difficult market conditions in the company's fiscal fourth-quarter and full-year 2012, including higher input costs in the company's major segments. Net income was reported to be $185 million for the quarter, compared with only $95 million in fiscal fourth-quarter 2011. But net income was $583 million for the full year, a 22.27% decrease from fiscal 2011. Industrial Info is tracking $468 million in active projects involving Tyson.
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