Tyson shares close lower as pinched consumers get choosy about meat

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Tyson Foods News

Donnie King,Prepared Foods,Arun Sundaram

Tyson Foods expect sales to remain flat in 2024 as consumers seek value and trade between channels.

Stretched consumers are getting pickier in the grocery aisles, leading to a weaker third quarter projection from meat giant Tyson Foods -- A veteran Canadian bank analyst says Toronto-Dominion Bank’s role in an alleged money-laundering scheme has made the “worst-case scenario” more likely — a huge fine for the lender and years of restrictions on its US growth.

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Donnie King Prepared Foods Arun Sundaram

 

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