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$TSN's operating income grew 52% in 1Q16, which was led by record earnings in the Chicken and Prepared Foods segments and solid earnings in the Pork and Beef segments. Sales decreased 15% in 1Q16 primarily due to declining beef, pork and feed prices, in addition to the sale of the Brazil and Mexico chicken production operations in FY15.
You are such a letdown $FII. I regret not selling you when you were nearing $33. Now I am stuck with you, you are stuck with me!
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!