Tyson Foods, IncNYSE: TSN
Consumer Staples · Packaged Foods & Meats
$63.84
-0.36%
Vol: 2.9M
Research Digest
Friday, May 1, 2026
Tyson Foods appoints Devin Cole as COO amid beef price scrutiny and criminal probe
Tyson Foods announced COO appointment for Devin Cole and added Sarah Bond as independent board director. Company faces criminal probe over beef prices alongside other meatpackers. Chicken sales at three-year high with strong 2026 demand expected; beef pressures continue. Q2 2026 earnings expected May 4 with $0.81 EPS consensus (down 12% YoY) and $13.8B revenue (+5.5% YoY). Product portfolio includes Jimmy Dean (new 40g protein options), Hillshire Farm lunch meats, and Tyson Simple Ingredient Nuggets. Stock at $64.07, down 0.83% in 24h. Average analyst rating "Buy" with 12-month PT $66.9 (+4.42%).
Previous Market Intelligence
13 daysApr 30Tyson Foods reported Q1 2026 EPS of $0.97 beating $0.93 estimates with $14.3B revenue up 6.2% YoY, but faces DOJ criminal probe on beef pricing and projects $250-500M beef segment losses.Mixed▶
Tyson Foods beat Q1 earnings expectations with $0.97 EPS and strong $14.3B revenue (up 6.2% YoY). However, the company faces significant headwinds including a DOJ criminal investigation over soaring beef prices, plant closures due to softer meat demand and pricing pressures, and projected beef segment losses of $250-500M. Q2 2026 earnings guidance calls for $0.81 EPS (12% YoY decline) and $13.8B revenue. The company has 10 analyst Buy ratings with a $66.9 price target (up 4.48% from current).
Apr 29Tyson Foods faces DOJ criminal investigation on beef prices; COO appointed and plant closure announcedMixed▶
Tyson Foods announced appointment of Devin Cole as Chief Operating Officer and is closing its Rome, Georgia prepared foods plant (168 layoffs). The company faces DOJ criminal probe over soaring beef prices as of April 20, 2026. Q1 saw 6.2% sales growth to $14.3B with strong performance in Chicken, Prepared Foods, and Pork. Q2 earnings report scheduled for May 4 with projected EPS $0.81. Average analyst rating is Buy with $66.9 PT.
Apr 16Tyson Foods appoints Phillip Thomas Controller/CAO effective April 6; closing Nebraska beef plant; Q2 2026 earnings May 4.Mixed▶
Tyson Foods announced Phillip Thomas as Controller and Chief Accounting Officer effective April 6, 2026, succeeding long-serving finance executive Lori Bondar. The company will close its Nebraska beef plant affecting 3,200 workers and scale back Texas operations due to cattle shortages, forcing major industry restructuring. Q2 2026 earnings will release on May 4, 2026. U.S. meatpacker reported higher-than-expected recent quarterly earnings as chicken sales reached a three-year high, offsetting hefty beef business losses. Chicken demand is expected to remain strong through 2026 while beef pressures persist. FY 2025 revenue was $54.44 billion, up 2.12% YoY, though earnings fell 40.75% to $474 million. Analysts maintain a Moderate Buy consensus with 5 Strong Buy and 7 Hold ratings among 12 analysts.
Apr 15Tyson Foods announces Nebraska beef plant closure affecting 3,200 workers; chicken sales reach three-year high but beef losses exceed $425M.Negative▶
Tyson Foods is closing its Nebraska beef plant affecting 3,200 workers as cattle shortages force industry restructuring. The company has lost more than $425 million on beef this year despite near record-high prices, while chicken sales reached a three-year high. Tyson appointed Devin Cole as COO. Mizuho initiated coverage with Outperform rating and $72.00 price target.
Apr 14Tyson Foods appoints new Chief Accounting Officer; Piper Sandler upgrades citing recovery opportunity.Mixed▶
Tyson named Phillip Thomas as Controller and CAO effective April 6. Closed prepared foods plant in Rome, Georgia with further beef operation changes in Nebraska and Texas. Piper Sandler upgraded citing earnings recovery potential from market disruptions. Q2 2026 earnings May 4 with $0.81 EPS expected.
Apr 13Chief Accounting Officer transition; plant closures ongoing; Q2 earnings May 4 with EPS projected down 12% YoY.Mixed▶
Tyson Foods appointed Phillip Thomas as Controller and Chief Accounting Officer effective April 6. Company closed prepared foods plant in Rome, Georgia. Q2 2026 earnings scheduled May 4 with EPS projected at $0.81 (down 12% YoY). OFI Invest purchased 390,000 shares for $22.9M. Stock up 7.2% past month.
Apr 10Tyson Foods Q1 2026 Results Beat; Mizuho Initiates OutperformPositive▶
Q1 revenues $14.31B (up 5.1% YoY), beating expectations. Mizuho initiated with Outperform at $72. Raised fiscal 2026 guidance.
Apr 9Tyson Foods Q2 2026 earnings scheduled for May 4 with mixed Q1 performanceNeutral▶
Tyson Foods reported Q1 2026 sales of $14.3B and adjusted net income per share of $0.97 vs $1.14 YoY. The company guides 2026 adjusted operating income of $2.1-2.3B with sales up 2-4%. Q2 2026 earnings will be released May 4. Piper upgraded TSN to Overweight in early April, and Mizuho initiated coverage with Outperform rating and $72 price target. Jimmy Dean launched high-protein product lines in March 2026.
Apr 8Tyson Foods rises $1.31 after-hours following higher quarterly earnings on chicken demand.Positive▶
TSN gained $1.31 after-hours on higher earnings driven by chicken demand. Beef segment faced losses. Mizuho initiated Outperform $72 PT. Sarah Bond appointed director.
Apr 7Tyson Foods Closes Nebraska Plant; Restructures Beef OperationsNegative▶
Tyson Foods announced closure of Nebraska beef plant affecting 3,200 workers and scaling back Texas operations due to cattle shortages forcing major industry restructuring. Company also closed prepared foods plant in Rome, Georgia. Recent revenue reached $14.31 billion up 5.1% year-over-year exceeding analyst expectations. JPMorgan lowered price target to $65 from $67.
Apr 6Tyson Foods closes Georgia plant and restructures beef operations amid cattle supply constraintsMixed▶
Tyson Foods closed its prepared foods plant in Rome, Georgia and announced further beef operation changes in Nebraska and Texas due to operational losses and tight cattle supplies. The Nebraska beef plant closure will affect 3,200 workers. The company appointed Devin Cole as Chief Operating Officer and Sarah Bond as independent director. Tyson reported higher-than-expected Q1 earnings driven by strong chicken product demand offsetting beef losses. Mizuho initiated coverage with Outperform rating and $72 price target.
Apr 3Tyson Foods beat Q1 2026 earnings despite beef segment losses; appointed Phillip Thomas as new Chief Accounting Officer.Mixed▶
Tyson Foods beat Q1 2026 EPS expectations at $0.97 versus $0.93 forecast with revenue of $14.3 billion (up 6.2% YoY). Appointed Phillip Thomas as new CAO effective April 6. Beef segment projected losses of $250-500 million. Management forecasts full-year sales growth of 2-4%. Mizuho initiated Outperform with $72 target.
Apr 2Tyson Foods reports higher-than-expected earnings as chicken demand offsets beef losses; Jimmy Dean launches high-protein product line.Mixed▶
Tyson Foods reported better-than-expected quarterly earnings as strong chicken product demand more than offset significant losses in its beef business. The company introduced a new Jimmy Dean lineup of high-protein frozen bowls, sandwiches, and waffles (up to 40g protein per serving) at select retailers in mid-March. Jimmy Dean became the official breakfast partner of Stagecoach music festival. However, Tyson faces structural challenges: announcing closure of Nebraska beef plant (3,200 worker impact) and scaling back Texas operations due to cattle shortages. JPMorgan lowered price target to $65 from $67 in March, while Mizuho initiated coverage with "Outperform" rating and $72 price target. Stock trades at $64.30 with 3.2% dividend yield. Analyst sentiment is mixed with average "Buy" rating and $65.50 price target, balancing growth potential against industry headwinds.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| MDLZMONDELEZ | $61.40 | -0.07% | +5.2% | 18.3x | 0.39 | $78.9B |
| HSYHERSHEY | $182.63 | -1.68% | -10.7% | 18.8x | 0.17 | $37.6B |
| KHCKRAFT | $22.53 | -0.60% | -3.9% | 10.6x | 0.05 | $26.8B |
| TSNTYSON | $63.84 | -0.36% | -0.7% | 14.6x | 0.43 | $22.6B |
| GISGENERAL | $34.83 | -1.37% | -6.3% | 10.7x | — | $18.8B |
| MKCMCCORMICK | $50.38 | -0.91% | +0.1% | 15.2x | 0.71 | $13.7B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price above both MAs — bullish structure.