Tyson Foods Inc
Industry: Food Processing
Tyson Foods, Inc., founded in 1935 with headquarters in Springdale,Arkansas, is the world's largest processor and marketer of beef, chicken and pork. Tyson Foods produces a wide variety of brand name, processed food products and is the recognized market leader in almost every retail and foodservice market it serves. The Company has 120,000 team members and more than 300 facilities and offices in 30 states and 22 countries.
Business Summary
Tyson Foods, Inc. and its subsidiaries produce, distribute and market chicken, beef, pork, prepared foods and related allied products. The Company operates a totally integrated poultry production process. Through its wholly owned subsidiary, Cobb-Vantress, Tyson supplies breeding stock. Tyson invests in breeding stock research and development that allows the Company to breed into its flocks the natural characteristics found to be most desirable. The Company is also involved in the processing of live-fed cattle and hogs, and fabrication of dressed beef and pork carcasses into primal and sub-primal meat cuts, case-ready products and fully cooked beef and pork products. In addition, the Company derives value from allied products, such as hides and variety meats for sale to further processors. During the fiscal year ended October 2, 2004 (fiscal 2004), the Wal-Mart Stores, Inc. accounted for approximately 12% of the Company's sales.
Financial Summary
Tyson Foods, Inc. produces, distributes and markets beef, chicken, pork, prepared foods and related allied products. The Company operates in five business segments. For the 39 weeks ended 7/2/05, revenues rose 1% to $19.52B. Net income fell 24% to $255M. Revenues reflect increased sales from the beef segment. Net income was offset by decreased gross profit margins and increased selling, general and administrative expenses.







