Tue, 08 Feb 2022 14:09:24 GMT
Tyson Foods profits due to inflation
On Monday, Tyson Foods revealed its quarterly earnings to be at $2.87 per share, compared to the estimate of $1.93. The stock price reacted to the news with a 12.46% surge.
In general, the company made such profits due to the ongoing surge in inflation and, namely, food prices. Tyson Foods is one of the largest meat processors in the