Tyson Foods Forecasts Annual Revenue Rise as Chicken Demand Offsets Beef Woes

Tyson Foods on Monday forecast annual revenue largely above analysts' estimates, betting on demand for chicken products to offset weaknesses in its beef business.

Persistent inflation and uncertainty arising from the Trump administration's trade policies have led to more consumers, especially those from lower-income households, opting to cook at home instead of dining out, benefiting packaged food makers such as Tyson.

Sales for the company's chicken and processed meat products remained resilient on demand for the relatively inexpensive source of protein as prices fell due to oversupply in the market...

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