Tyson Foods, a leading global food company, has reported a robust performance in its chicken segment for the first quarter of fiscal 2025. The company achieved sales of $4.07 billion in its chicken division, marking a 0.8% increase from the previous year. This growth was driven by a 1.5% rise in sales volume, despite a slight 0.7% decrease in average prices.
The strong demand for chicken products contributed significantly to Tyson’s overall financial success. The company reported total sales of $13.62 billion for the quarter, a 2.3% increase year-over-year, and adjusted earnings per share of $1.14, up 65% from the prior year. CEO Donnie King attributed this performance to consumers’ continued focus on incorporating protein into their diets and emphasized Tyson’s diversified multi-protein portfolio as a key factor in meeting this demand.
Looking ahead, the United States Department of Agriculture (USDA) projects a 3% increase in domestic chicken production for fiscal 2025 compared to fiscal 2024. Tyson Foods anticipates adjusted operating income for its chicken segment to be between $1.0 billion and $1.2 billion for fiscal 2025, reflecting confidence in sustained demand and effective operational strategies.
This positive outlook underscores the company’s commitment to meeting consumer demand for high-quality poultry products while maintaining its position as a leader in the global protein market.
