TSN Stock Recent News

Tyson Foods on Thursday named insider Curt Calaway as its chief financial officer succeeding John R. Tyson, who was suspended in June after police in Arkansas arrested and charged him for intoxicated and careless driving.

Tyson Foods' Beef segment is struggling due to margin compression, while Chicken and Pork segments show improvement. The company's overall financial performance has improved, making shares attractively priced compared to similar businesses. Longer term, the firm will be better off if it shifts even more to chicken, but even in the near term that could prove positive for shareholders.

SPRINGDALE, Ark., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE: TSN) announced today that Curt Calaway has been named Chief Financial Officer, effective immediately. Calaway has been with the company since 2006, most recently serving as interim Chief Financial Officer. Calaway will report directly to Donnie King, President and Chief Executive Officer of Tyson Foods.

Tyson Foods is a quality business that will go to my long-term buy and hold portfolio. Global demand for meat is expected to increase, benefiting Tyson Foods' revenue growth. Tyson Foods' capital allocation strategy, dividend payments, and attractive valuation make it a buy for long-term investors.

Zacks.com users have recently been watching Tyson (TSN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

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Tyson Foods reported strong Q3 earnings, which were mostly driven by increased margins from the Chicken segment. Despite the strong earnings, TSN may still be trading at a premium. Price to earnings outweigh the sector median. Tyson Foods' dividend yield is 3.2%, with a payout ratio reduced to 73%, showing potential for dividend growth in the future. This is a big improvement of the prior 97% payout ratio.

Tyson Foods Inc. NYSE: TSN may have picked a bad day to report good earnings. However, on a day when the market is in a full sell-off mode, TSN stock is a green shoot.

SHANGHAI , Aug. 5, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987) (the "Company" or "Yum China") today announced that Andy Yeung, who has served as the Company's Chief Financial Officer since October 2019, intends to resign as the Company's Chief Financial Officer for personal reasons. Andy will step down as the Company's Chief Financial Officer, effective September 30, 2024, and will serve as Senior Advisor to the Company's Chief Executive Officer from October 1, 2024 to February 28, 2025.

Amid a sea of red in global financial markets today, there are some pockets of green worth exploring. Tyson Foods (NYSE: TSN ) is one such stock that's moving higher today, with TSN stock appreciating more than 3% after the company reported its third-quarter earnings.