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Last updated on Monday, November 17, 2014, 1:02 pm

Tyson Foods

Tyson Foods Reports Record 4Q, Fiscal Year Sales

In the wake of the largest acquisition in the history of the meat industry, Tyson Foods Inc. of Springdale announced record-breaking results Monday when it released its earnings report from the fourth quarter. Tyson reported a record $10.1 billion in fourth quarter revenue, a 14 percent increase over revenue in the same period a year ago. Tyson’s fourth quarter and fiscal year ended Sept. 27, 2014. The company also reported record sales of $37.6 billion for the fiscal year, up 9 percent from FY2013. "Two years ago, I told our team members, ‘The turnaround is over; it's time to turn it on.’ They did and the proof is in our second year in a row of record sales and earnings," Donnie Smith , president and chief executive officer, said in a news release. "This is an exciting... [ MORE ]

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