Edition:
United States

Tyson Foods Inc (TSN.N)

TSN.N on New York Stock Exchange

69.38USD
4:00pm EDT
Change (% chg)

$0.11 (+0.16%)
Prev Close
$69.27
Open
$69.52
Day's High
$69.92
Day's Low
$69.13
Volume
996,149
Avg. Vol
596,893
52-wk High
$84.59
52-wk Low
$58.36

Latest Key Developments (Source: Significant Developments)

Tyson Foods Says Entered Into Fourth Amendment Of 2015 Term Loan Agreement
Tuesday, 12 Jun 2018 05:20pm EDT 

June 12 (Reuters) - Tyson Foods Inc ::TYSON FOODS SAYS CO ENTERED INTO FOURTH AMENDMENT OF AN APRIL 7, 2015 TERM LOAN AGREEMENT - SEC FILING.TYSON FOODS - AMENDMENT INCREASES AMOUNT BORROWED UNDER TERM LOAN DEAL TO $750 MILLION.  Full Article

Tyson Foods Says Acquiring Tecumseh Poultry LLC
Monday, 4 Jun 2018 04:20pm EDT 

June 4 (Reuters) - Tyson Foods Inc ::TYSON FOODS ACQUIRES ONE OF THE LEADING BRANDS OF ORGANIC CHICKEN.TYSON FOODS INC - TERMS OF DEAL ARE NOT BEING DISCLOSED.TYSON FOODS SAYS ACQUIRING TECUMSEH POULTRY LLC.  Full Article

Tyson Foods Enters Into Agreement To Sell Sara Lee Frozen Bakery And Van's Businesses
Friday, 1 Jun 2018 04:45pm EDT 

June 1 (Reuters) - Tyson Foods Inc ::PRESS RELEASE - TYSON FOODS ENTERS INTO AGREEMENT TO SELL SARA LEE® FROZEN BAKERY AND VAN’S® BUSINESSES.TYSON FOODS ENTERS INTO AGREEMENT TO SELL SARA LEE® FROZEN BAKERY AND VAN’S® BUSINESSES.TYSON FOODS INC - TERMS OF AGREEMENT ARE NOT BEING DISCLOSED..TYSON FOODS INC -.TYSON FOODS INC - TO SELL ITS SARA LEE FROZEN BAKERY AND VAN'S BUSINESSES TO PRIVATE EQUITY FIRM KOHLBERG & COMPANY.TYSON FOODS - SALE INCLUDES CHEF PIERRE, BISTRO COLLECTION AND VAN'S BRANDS, & LICENSE TO USE SARA LEE BRAND IN CERTAIN CHANNELS.TYSON FOODS INC - DEAL ALSO INCLUDES SALE OF TARBORO, N.C. AND TRAVERSE CITY, MICH. PREPARED FOODS FACILITIES AND A SALES OFFICE IN CANADA.TYSON FOODS - 1,160 TEAM MEMBERS EMPLOYED AT TARBORO, TRAVERSE CITY FACILITIES & SALES OFFICE EXPECTED TO KEEP THEIR POSITIONS WITH NEW CO.TYSON FOODS INC - KOHLBERG IS PARTNERING WITH C.J. FRALEIGH, WHO WILL JOIN AS EXECUTIVE CHAIRMAN AT CLOSING.  Full Article

Tyson Foods Says Exploring Sale Of Pizza Crust Business
Tuesday, 27 Mar 2018 04:35pm EDT 

March 27 (Reuters) - Tyson Foods Inc ::TYSON FOODS EXPLORES THE SALE OF PIZZA CRUST BUSINESS.TYSON FOODS INC - ‍WILL RETAIN TORTILLA PRODUCTION FROM FACILITIES THAT WILL BE USED IN OTHER PARTS OF ITS BUSINESS​.TYSON FOODS INC - ‍GOLDMAN SACHS IS ACTING AS TYSON FOODS' FINANCIAL ADVISOR ON SALE​.TYSON FOODS INC - ‍SALE OF TNT CRUST INCLUDES PIZZA CRUST BUSINESS OF PARTIALLY BAKED CRUSTS, FLAT BREADS AND SELF-RISING CRUSTS​.TYSON FOODS INC - ‍SALE OF TNT CRUST ALSO INCLUDES TWO MANUFACTURING FACILITIES IN GREEN BAY​.TYSON FOODS - "‍BELIEVE POTENTIAL BUYER WILL SEE VALUE OF PIZZA CRUST BUSINESS AS WHOLE, INCLUDING TNT CRUST BRAND, FACILITIES, AND TEAM MEMBERS​".  Full Article

Tyson Foods Enters Into Amended, Restated Credit Agreement
Tuesday, 20 Mar 2018 04:51pm EDT 

March 20 (Reuters) - Tyson Foods Inc ::TYSON FOODS - ON MARCH 14, ENTERED INTO AMENDED & RESTATED CREDIT AGREEMENT WHICH AMENDED & RESTATED CO'S EXISTING AGREEMENT, DATED AS OF MAY 12, 2017​.TYSON FOODS SAYS ‍AMENDED & RESTATED CREDIT AGREEMENT INCREASED COMMITMENTS UNDER EXISTING AGREEMENT FROM $1.5 BILLION TO $1.75 BILLION​ - SEC FILING.TYSON FOODS SAYS ‍AMENDED & RESTATED CREDIT AGREEMENT ALSO EXTENDED MATURITY DATE THEREUNDER TO MARCH 14, 2023, WITH TWO ONE-YEAR EXTENSION OPTIONS​.TYSON FOODS SAYS ‍ON MARCH 16, CO ENTERED INTO THIRD AMENDMENT TO TERM LOAN AGREEMENT, DATED AS OF APRIL 7, 2015​.TYSON FOODS - AMENDMENT TO TERM LOAN AGREEMENT CONFORMS CERTAIN PROVISIONS OF TERM LOAN AGREEMENT TO AMENDED AND RESTATED CREDIT AGREEMENT​.  Full Article

Tyson Foods Posts Q1 Adjusted Earnings Per Share $1.81
Thursday, 8 Feb 2018 07:30am EST 

Feb 8 (Reuters) - Tyson Foods Inc ::TYSON FOODS DELIVERS RECORD QUARTER DRIVEN BY RECORD PREPARED FOODS RESULTS AND 11% TOTAL COMPANY SALES GROWTH.Q1 ADJUSTED EARNINGS PER SHARE $1.81.Q1 GAAP EARNINGS PER SHARE $4.40.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $6.55 TO $6.70 EXCLUDING ITEMS.QTRLY ‍SALES $10,229 MILLION VERSUS $9,182​ MILLION.‍LOWER ENACTED TAX RATES POSITIVELY IMPACTED Q1 ADJUSTED EPS BY $0.21​.IN QUARTER, REALIZED $37 MILLION OF FINANCIAL FITNESS PROGRAM COST SAVINGS TAX REFORM IMPACT.‍EXPECT A FISCAL 2018 BENEFIT OF APPROXIMATELY $0.85 ON AN ADJUSTED BASIS ON ENACTED TAX REFORM​.‍INCREMENTAL TAX REFORM CASH FLOW IN FISCAL 2018 EXPECTED TO EXCEED $300 MILLION​.‍MORE THAN $100 MILLION IN ONE-TIME CASH BONUSES TO BE PAID TO ELIGIBLE FRONTLINE EMPLOYEES IN Q2 OF FISCAL 2018​.‍BELIEVE BEEF SEGMENT'S ADJUSTED OPERATING MARGIN IN FISCAL 2018 SHOULD APPROACH 6%​.‍FOR FISCAL 2018, PORK SEGMENT'S ADJUSTED OPERATING MARGIN SHOULD BE AROUND 9%​.‍WILL CONSIDER ADDITIONAL SHARE REPURCHASES WHEN NET DEBT TO EBITDA RATIO IS AROUND 2X​.TYSON FOODS - ‍FOR FISCAL 2018, BELIEVE CHICKEN SEGMENT SALES WILL GROW WITH MORE THAN 4% VOLUME GROWTH​.‍EXPECT CAPITAL EXPENDITURES TO APPROXIMATE $1.4 TO $1.5 BILLION FOR FISCAL 2018​.SEES ‍NET DEBT TO EBITDA RATIO OF AROUND 2X IN Q3 OF FISCAL 2018​.FOR FISCAL 2018, BELIEVE CHICKEN SEGMENT SALES WILL GROW WITH MORE THAN 4% VOLUME GROWTH.‍"CURRENTLY DO NOT PLAN TO REPURCHASE SHARES OTHER THAN TO OFFSET DILUTION FROM OUR EQUITY COMPENSATION PROGRAMS"​.  Full Article

Tyson Foods Makes Investment In Chicago-Based Food Startup Tovala
Tuesday, 6 Feb 2018 06:55am EST 

Feb 6 (Reuters) - Tyson Foods Inc ::TYSON FOODS MAKES INVESTMENT IN CHICAGO-BASED FOOD STARTUP TOVALA.TYSON FOODS INC - TERMS OF INVESTMENT ARE NOT BEING DISCLOSED..TYSON FOODS INC - THROUGH ITS CORPORATE VENTURE SUBSIDIARY TYSON VENTURES, HAS COMPLETED AN INVESTMENT IN TOVALA.  Full Article

Tyson Foods Invests In Memphis Meats
Monday, 29 Jan 2018 10:00am EST 

Jan 29 (Reuters) - Tyson Foods Inc ::SAYS TERMS WERE NOT DISCLOSED.SAYS CO'S INVESTMENT REPRESENTS MINORITY STAKE IN MEMPHIS MEATS BUSINESS.SAYS TYSON VENTURES HAS INVESTED IN FOOD TECH STARTUP MEMPHIS MEATS.  Full Article

Tyson Foods Says Chairman John Tyson's FY 2017 Total Compensation Was $10.5 Mln
Wednesday, 20 Dec 2017 10:51am EST 

Dec 20 (Reuters) - Tyson Foods Inc ::TYSON FOODS SAYS CHAIRMAN JOHN TYSON'S FY 2017 TOTAL COMPENSATION WAS $10.5 MILLION VERSUS $9.6 MILLION IN FY 2016 - SEC FILING.TYSON FOODS INC SAYS CEO TOM HAYES' FY 2017 TOTAL COMPENSATION WAS $8.9 MILLION VERSUS $4.7 MILLION IN FY 2016 - SEC FILING.  Full Article

Tyson Foods Makes Additional Investment In Beyond Meat
Thursday, 7 Dec 2017 05:30pm EST 

Dec 7 (Reuters) - Tyson Foods Inc ::TYSON FOODS MAKES ADDITIONAL INVESTMENT IN BEYOND MEAT.TYSON FOODS INC - HAS MADE AN ADDITIONAL INVESTMENT IN BEYOND MEAT THROUGH TYSON'S VENTURE CAPITAL FUND.TYSON FOODS INC - CO'S LATEST INVESTMENT SLIGHTLY INCREASES ITS OWNERSHIP STAKE IN BEYOND MEAT FROM 5 PERCENT.TYSON FOODS INC - TERMS ARE NOT BEING DISCLOSED.TYSON FOODS - BEYOND MEAT REPORTS LATEST FUNDRAISING ROUND WILL BE USED TO EXPAND PRODUCTION, FUND CO'S RESEARCH AND DEVELOPMENT COMMITMENT, EXPAND SALES & DISTRIBUTION.  Full Article

Tyson to pay $850 million for animal fats and feed business

Tyson Foods Inc said on Tuesday it would buy the poultry rendering and blending assets of American Proteins Inc for about $850 million, as the company looks to recycle more animal products to use in feed and pet food.