Prepared foods an emphasis as Tyson preps for growth


Breaking with tradition to provide earnings guidance, Tyson Foods (TSN -0.4%) - presenting at a BAML conference - tells investors it expects EPS of at least $2.78 in F14, more than 23% above the previous year, and "we're poised for 10% EPS growth in 2015 and beyond."

The growth emphasis is on prepared foods. Donnie King (president of that division): "We are more consumed focused and provide insights-driven solutions for our customers and consumers." He cites the company's entry into the breakfast foods category as an example of efforts to grow the segment.

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