Tyson Foods reports flat Q3 sales and widening beef losses

• Tyson Foods reported flat fiscal third-quarter 2026 sales of $13.87 billion, while adjusted EPS increased 9% to $0.99.
• GAAP operating income rose 39% to $362 million, and the company generated $913 million in nine-month free cash flow.
• The company lowered its profit outlook, anticipating adjusted operating income of $2.1 billion to $2.3 billion, as projected Beef segment losses widened to $500–$650 million.

Tyson Foods (NYSE:TSN) announced its financial results for the fiscal third quarter of 2026, reporting flat sales of $13.87 billion.

The company generated a 9% increase in adjusted earnings per share, reaching $0.99 for the period.

GAAP operating income rose 39% to $362 million, though total sales missed analyst expectations of $14.12 billion.

Following the announcement, Tyson Foods' share price dropped 2.52% to $56.50 in premarket trading.

The Prepared Foods segment saw sales increase to $2.56 billion, while Chicken volume rose 1% with an adjusted margin reaching 11.2%.

The corporation reduced debt by $824 million and retained $4 billion in liquidity during the quarter.

Management subsequently lowered full-year guidance, projecting a widened adjusted operating loss of $500 million to $650 million for its Beef segment.