- Tyson Foods (NYSE:TSN -0.8%) updated shareholders during a presentation today a the Barclays Global Consumer Staples Conference.
- FY16 EPS of $4.40-4.50 is seen. "We’re confident we can achieve high single digit growth in fiscal 2017,” said CEO Donnie Smith.
- “Beyond dividends and share buybacks, we’ll use our substantial cash flows to invest in our business or make strategic acquisitions,” added Smith.
- Tyson says its Core 9” product lines (Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells and State Fair brands) are growing and gaining momentum.
- Source: Press Release