Tyson 4th-quarter profit rises despite dip in sales
Nov 19 (Reuters) - Tyson Foods Inc reported higher quarterly earnings on Monday despite slightly lower sales resulting from production cuts.
Tyson, the nation's largest meat company, said profit rose to $185 million, or 51 cents per share, for the f ourth quarter ended Sept. 29, from $97 million, or 26 cents per share, a year earlier.
Excluding items, earnings were 55 cents per share.
Sales fell to $8.37 billion from $8.40 billion a year earlier.
- Tesla prevails in top Massachusetts court over direct sales
- U.S. to Assad: Beware of interfering with U.S. air power in Syria
- Odile batters Mexico's Baja resorts, knocks out power to most area
- Quake strikes northeast of Tokyo, no reports of serious damage
- Iran supreme leader spurns U.S. overture to fight Islamic State |