Tyson Foods posts loss in second quarter

Tyson Foods posts loss in second quarter



Tyson posting a loss in its fiscal second quarter. It's the first quarterly loss since 2009. Company also cut its sales forecast as its performance was weighed down by hefty charges related to plant closures and restructuring. Tyson lost $97 million for the first three months or the first, for the three months that ended April 1st, a year earlier, it earned $829 million.



business, economy , money, tyson foods, stock market, fiscal quarter

Post a Comment

Previous Post Next Post