Reported about 9 hours ago
Tyson Foods CEO Donnie King reassured investors that President Trump's new tariffs are not expected to significantly impact meat prices, as the company has already accounted for these tariffs in its annual operating income forecast. The company adjusted its earnings forecast higher due to robust demand for chicken and beef, reporting a strong quarterly performance. Despite potential short-term disruptions in the supply chain, King expects the market to balance out, particularly if trade dynamics change with Mexico and Canada.
Source: YAHOO