Tyson Foods cut its adjusted operating income forecast for fiscal year 2026 to a range of US$ 2.1 billion to US$ 2.3 billion, from its previous estimate of US$ 2.2 billion to US$ 2.4 billion.
The revision reflects worsening losses in the beef division, where the company now expects an adjusted operating loss of between US$ 500 million and US$ 650 million, worse than its previous projection of US$ 350 million to US$ 500 million. In the quarter ended June 27, beef sales volume fell 15.9%, while prices rose 12.1%.
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