SPRINGDALE, Ark. — Tyson Foods Inc. experienced an $834 million increase in revenue between its 2018 and 2019 fiscal third quarters, the company said during its third-quarter earnings call Aug. 5. The company expects total 2019 sales to hit $43 billion and to grow 6% to 7% in 2020, it said.
This surge was driven by innovation and marketing support in the company’s retail sector, said Noel White, president, CEO and director of Tyson, Springdale, Ark., during the call.
“We remain on track for a strong year,” he said. “Total Tyson and the core business lines have posted four straight quarters of growth. In fact, this growth is the highest in two years.”
Here are four highlights from Tyson’s third-quarter 2019 …