Quartz·1 min read·medium
Tyson Foods is slashing its annual profit forecast as beef losses widen
✦AI Summary
Tyson Foods has lowered its annual profit forecast, citing significantly wider losses in its beef division. The company now anticipates an operating loss of up to $650 million for fiscal 2026.
The meatpacker now expects a beef operating loss of up to $650 million for fiscal 2026, up from a prior forecast of $500 million
businesseconomyfood
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in