Tyson Foods projected its annual revenue above analysts’ estimates, relying on steady chicken demand to offset weakness in beef sales, Foodmarket reported.
The company said fourth quarter net sales were $13.86 billion, with chicken volumes up 3.8%. Beef volumes fell 8.4%, but sales rose 4.3% as prices surged 17% amid record cattle prices. Tyson said drought-driven herd reductions have left U.S. cattle supplies at their lowest in nearly 75 years, driving up beef prices for consumers. CEO Donnie King said ranchers have begun rebuilding herds, though supplies will remain tight.
Tyson expects 2026 revenue to rise 2-4% as it balances higher beef costs with poultry demand.
