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The meatpacker now expects fiscal 2026 adjusted operating income of $1.85 billion to $2.05 billion, down from a forecast issued just a month ago
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Tyson Foods cut its fiscal 2026 profit forecast on Thursday for the second time in roughly a month, as worsening losses in its beef segment continued to weigh on the company.
The Springdale, Arkansas-based meatpacker now expects full-year adjusted operating income of $1.85 billion to $2.05 billion, down from the $2.1 billion to $2.3 billion it forecast on August 3. Revenue growth guidance was also trimmed, to a range of 1.5% to 2.0% for the fiscal year, pulling back from the 2.5% to 3.5% range the company had projected previously.
