NYSE$TSN

Tyson Foods Inc · Q1 2025 earnings

Q1 2025 earnings · · Before market open · Investor relations

Briefing

Reported year-over-year top and bottom-line growth and raised fiscal year 2025 guidance.

Tyson Foods reported a strong start to fiscal year 2025, delivering its third consecutive quarter of year-over-year growth in sales, operating income, and EPS, driven by improved execution and strong performance in the chicken segment.

  • Sales increased by 2.3% year-over-year to $13,623 million.
  • GAAP operating income rose by 151% year-over-year to $580 million.
  • GAAP EPS increased by 237% year-over-year to $1.01.
  • The company maintains strong liquidity with $4.5 billion as of December 28, 2024.

Headline financials

Total Revenue

$13.6B

Previous: $13.3B+2.3%
EPS (adj)

$1.14

Previous: $0.30+280.0%
Adj. Operating Margin

4.8%

No prior period
Adj. AOI Total

$659M

No prior period
Capital Expenditures

-$271M

Previous: -$354M+23.4%
Net Income

$366M

Previous: $107M+242.1%
Operating Income

$580M

Previous: $231M+151.1%
Gross Profit

$1.1B

Previous: $823M+33.0%

Revenue & EPS history

Tyson Foods · Revenue · Quarterly

$13.6B

Q1 2025+2.3%vs Q1 2024
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Revenue by segment

Tyson Foods · $13.8B total across 5 segments · Q4 2023

  • Beef
    $5.03B+3.5%
  • Chicken
    $4.16B-10.0%
  • Prepared Foods
    $2.5B-0.6%
  • Pork
    $1.49B-6.9%
  • International
    $636M-0.3%

Forward guidance

For fiscal year 2025, Tyson Foods anticipates increased domestic protein production and has provided outlooks for each segment, revenue, capital expenditures, net interest expense, liquidity, free cash flow, and tax rate.

Tailwinds

  • USDA projects domestic protein production to increase approximately 1% compared to fiscal 2024.
  • Expect total liquidity to remain above the minimum target of $1.0 billion.
  • Anticipate adjusted operating income of $0.1 billion to $0.2 billion in Pork segment for fiscal 2025.
  • Expect free cash flow to be between $1.0 billion and $1.6 billion for fiscal 2025.
  • Anticipate improved results from foreign operations in fiscal 2025 on an adjusted basis.

Headwinds

  • USDA projects domestic beef production will decrease approximately 1% in fiscal 2025 as compared to fiscal 2024.
  • Anticipate adjusted operating loss between $(0.4) billion and $(0.2) billion in beef segment in fiscal 2025.
  • Expect sales to be flat to up 1% in fiscal 2025 as compared to fiscal 2024.
  • Expect net interest expense to approximate $375 million for fiscal 2025.
  • Currently expect the adjusted effective tax rate to approximate 25% for fiscal 2025.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+0.6%

Avg return

Earnings day

+0.3%

Avg return

5 days after

-0.5%

Avg return

30 days after

58%

38 / 65 earnings

Positive

+15.8%

Q1 2016

Best reaction

-19.6%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+0.2%+7.4%-11.3%
Q1 2026+0.3%-0.1%-3.7%
Q4 2025+2.3%+2.5%+9.5%
Q2 2025-7.6%-9.0%-8.5%
Q1 2025+2.2%+2.6%+7.5%
Q4 2024+7.6%+9.4%+4.1%
Q3 2024+0.5%+0.8%+7.3%
Q2 2024-5.0%-3.8%-9.1%
Q1 2024-1.7%-6.7%-5.3%
Q4 2023+1.7%+3.8%+11.4%
Q3 2023-2.5%-2.2%-8.7%
Q2 2023-19.6%-19.5%-15.4%
Q1 2023-4.1%-5.7%-8.6%
Q4 2022-4.6%-2.8%-4.5%
Q3 2022-8.6%-6.5%-15.5%
Q2 2022+1.4%-0.9%-3.9%
Q1 2022+11.8%+11.0%+2.7%
Q4 2021+2.9%+0.3%+5.8%
Q3 2021+11.9%+15.2%+7.1%
Q2 2021+0.8%+1.9%-1.8%
Q1 2021-5.4%-5.2%+9.0%
Q4 2020+2.3%-2.6%+4.6%
Q3 2020+6.0%+2.2%+3.2%
Q2 2020-5.0%+0.6%+0.1%
Q1 2020-4.5%-3.7%-23.1%
Q4 2019+7.4%+9.2%+5.8%
Q3 2019+6.6%+10.8%+7.9%
Q2 2019+2.3%+6.3%+7.4%
Q1 2019-2.6%+0.8%+3.1%
Q4 2018-4.6%-2.3%-9.0%
Q3 2018+3.7%+4.2%+8.2%
Q2 2018-0.5%+1.9%+1.8%
Q1 2018+2.0%+1.8%+3.1%
Q4 2017+2.6%+5.2%+11.5%
Q3 2017+2.7%+3.6%+2.6%
Q2 2017-8.6%-8.0%-4.5%
Q1 2017-1.1%-0.5%-5.3%
Q4 2016-12.5%-11.4%-8.0%
Q3 2016+1.1%+2.3%+2.2%
Q2 2016+3.0%
Q1 2016+15.8%
Q4 2015+12.5%
Q3 2015-6.2%
Q2 2015+0.4%
Q1 2015-1.6%
Q4 2014+4.9%
Q3 2014-0.9%
Q2 2014-10.3%
Q1 2014+4.4%
Q4 2013+7.0%
Q3 2013+7.7%
Q2 2013-1.3%
Q1 2013+3.2%
Q4 2012+13.0%
Q3 2012-4.1%
Q2 2012+6.7%
Q1 2012+2.8%
Q4 2011-0.5%
Q3 2011+2.5%
Q2 2011-5.0%
Q1 2011+2.4%
Q4 2010+3.5%
Q3 2010-6.2%
Q2 2010-3.2%
Q1 2009+7.9%

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