Tyson Foods' profits jump 41%

Posted online August 8, 2016 | 11:22 am

Tyson Foods reported a 41 percent increase in third-quarter earnings, helped by lower feed and livestock costs.

The largest U.s. meat processor earned net income of $484 million, or $1.25 per share, compared with $343 million, or 83 cents per share, a year earlier.

Sales dropped to $9.4 billion from $10.1 billion.

Read more from Reuters.

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