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 ]