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1ST HALF: TYSON FOOD'S SALES UP 20%, EARNINGS DOUBLE: $1.95 BILLION
Tyson Foods reports:

Springdale, AR - Tyson Foods, Inc. (NYSE: TSN), one of the world's largest food companies and a recognized leader in protein with leading brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State Fair, today reported the following results:

First Six Months Highlights
GAAP EPS of $5.35, up 107% from prior year; Adjusted EPS of $5.16, up 57% from prior year
GAAP operating income of $2,611 million, up 83% from prior year; Adjusted operating income of $2,593 million, up 47% from prior year
Total Company GAAP and Adjusted operating margin of 10.0%
Repurchased 6.2 million shares for $523 million

Second Quarter Highlights
GAAP EPS of $2.28, up 75% from prior year; Adjusted EPS of $2.29, up 71% from prior year
GAAP operating income of $1,156 million, up 61% from prior year; Adjusted operating income of $1,161 million, up 57% from prior year
Total Company GAAP operating margin of 8.8%; Adjusted operating margin of 8.9%
Liquidity of $3.4 billion at April 2, 2022
Reduced total debt by approximately $1 billion

To view the complete report, click here.


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