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Tyson Foods Inc. (TSN) rises sales amid restaurant openings

The shares of Tyson Foods Inc. (NYSE: TSN) rose more than 15% last week. Investors are responding to the company’s sales data, which shows improvement as a result of a return to normal catering operations. Tyson Foods may be negatively impacted by inflation in the near future.

With the recovery in economic activity, Tyson Foods Inc. (TSN) is able to increase the amount of meat it supplies, especially beef, to restaurants and cafes. Thus, the supplier’s revenues and profits increase. Despite this, inflation can pose significant challenges to rising incomes. Tyson Foods management notes that the company has already raised prices for its food service customers, and retailers will feel the price increases next month. Tyson Foods Inc. (TSN) said price increases are not enough as costs are rising faster than the company can raise prices.


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Beef prices rose more than 12%, chicken prices rose more than 16%, and pork prices rose 39%. Therefore, Tyson Foods may face serious pressure in the quarters to come, which will be accentuated by the fact that competitors are gaining strength.

In spite of forecast difficulties, Tyson Foods Inc. (TSN) is improving its outlook for the whole year. Revenue is expected to range from $46 billion to $47 billion in fiscal 2021, up from an earlier estimate of $44 billion to $46 billion.

The Tyson Food Company is one of the largest suppliers of chicken, beef, and pork to retail stores, fast food chains, and full service restaurants in the US. In addition to the above, the company produces frozen and fully cooked chicken products, fillings for pizza, and retail frozen pizzas, ground beef, and more.

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