For the nine months ending June 27, 2026, sales increased 3.1% year-on-year to US$41.8 billion, while adjusted operating income rose to US$1.7 billion. Third-quarter sales totalled US$13.86 billion, broadly in line with the prior year, with adjusted earnings per share increasing to US$0.99 from US$0.91 a year earlier.
The beef business remained under pressure from historically tight U.S. cattle supplies, which drove significantly higher livestock costs despite increased beef prices. Beef sales volumes declined 16% during the quarter.
As a result, Tyson revised its fiscal 2026 adjusted operating income guidance for the beef segment to a loss of US$500 million to US$650 million, compared with its previous forecast of a US$350 million to US$500 million loss. The company now expects total adjusted operating income of US$2.1 billion to US$2.3 billion for the full year.
President and CEO Donnie King said the company remained focused on disciplined execution, highlighting the resilience of its diversified protein portfolio despite continued volatility in cattle markets.
