[ad_1]
Feb 6 (Reuters) – Tyson Foods Inc TSN.N missed Wall Street estimates for quarterly revenue on Monday, pinched by slowing demand for its premium beef and pork cuts amid a fall in chicken prices.
The U.S. meatpacker’s sales rose to $13.26 billion in the first quarter from $12.93 billion a year earlier.
Analysts on average had expected sales of $13.52 billion, according to IBES data from Refinitiv.
(Reporting by Deborah Sophia in Bengaluru; Editing by Maju Samuel)
((DeborahMary.Sophia@thomsonreuters.com;))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
[ad_2]
Source link
