Tyson Foods posts record 2Q profits

Springdale, Ark.-based Tyson Foods Inc. (NYSE: TSN) posted record-setting earnings in its second quarter. Company profits climbed to $213 million, up 124 percent compared to the same quarter in 2013.

Earnings landed at 60 cents per share, which compares to 26 cents per share during the same period last year.

Revenue was $9.03 billion in the quarter, up 8 percent from $8.38 billion in the second fiscal quarter of last year. Company officials say its balanced, multiprotein, multinational and multichannel business model set the stage for growth. This year, the company expects sales growth of 6-8 percent.  

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