Tyson Foods files US$ 254 million profit in the first fiscal quarter of 2014
US company Tyson Foods, the largest US meat company by revenue, posted a net profit (attributable to shareholders) of US$ 254 million in the first quarter of fiscal year 2014, ended December 28 last year. This is 46.8% up on the same period of fiscal year 2013, when Tyson reported a net profit of US$ 173 million.
In the first fiscal quarter of 2014 the multinational filed net revenue of US$ 8.761 billion, up by 4.6% on the US$ 8.366 billion field in the same period of the previous fiscal year.
The chicken segment was primarily responsible for the result in the period.