$TSN (Tyson Foods, Inc.)

$TSN {{ '2015-11-23T15:48:01+0000' | timeago}} • Webcast

$TSN repurchased $250MM of stock in 4Q15 and $200MM so far in 1Q16 for a combined total of $450MM and more than 10MM shares. In 4Q15, $TSN completed the sale of its Mexican operations for net proceeds of $374MM, which were used to retire the 2015 notes. Net debt was $6Bil at 4Q15 end, down $1.7Bil from 4Q14 end.

$TSN {{ '2017-09-28T22:32:12+0000' | timeago}} • Announcement

$TSN plans to reduce headcount by approx. 450 positions across several areas and job levels. Most of the eliminated positions will come from the corporate offices in Springdale, Chicago and Cincinnati.

$TSN {{ '2017-09-28T22:31:56+0000' | timeago}} • Announcement

$TSN said through a combination of synergies from the integration of AdvancePierre Foods acquired in June, and additional eliminations of non-value-added costs, it expects cumulative net savings of $200MM, $400MM and $600MM over FY18, FY19 and FY20, respectively. These savings primarily will impact the Prepared Foods and Chicken segments.

$TSN {{ '2017-09-28T22:31:40+0000' | timeago}} • Announcement

$TSN said FY17 adjusted earnings guidance has been increased to $5.20-5.30 per share, up from $4.95-5.05, primarily due to much better than expected earnings in the Beef segment. FY18 adjusted EPS guidance is $5.70-5.85.

$TSN {{ '2017-09-06T16:28:50+0000' | timeago}} • Announcement

$TSN said it is track for another record year for earnings as it nears the end of its FY17. Looking to FY18, the company expects topline sales growth of about 6% to about $41Bil as $TSN grows volume, improve its sales mix to higher value products and benefit from a full year of AdvancePierre Foods in its portfolio.

$TSN {{ '2017-08-25T13:51:38+0000' | timeago}} • Announcement

$TSN received a letter from the Securities and Exchange Commission concerning the investigation of the company related to the allegations in In re Broiler Chicken Antitrust Litigation. The letter stated that the SEC staff has concluded its investigation and that it does not intend to recommend an enforcement action by the SEC against $TSN.

$TSN {{ '2017-08-16T12:43:28+0000' | timeago}} • Announcement

$TSN said it will invest $84MM as part of its commitment to the continued success of its Union City, Tennessee poultry plant. More than 300 jobs will be created by the project, which is expected to be complete by mid-2019. The project, set to begin this fall, will increase capacity to the plant’s existing harvest area.

$TSN {{ '2017-08-11T11:37:52+0000' | timeago}} • Announcement

$TSN declared a quarterly dividend of $0.225 per share on Class A common stock and $0.2025 per share on Class B common stock. The dividend is payable on Dec. 15, 2017, to shareholders of record at the close of business on Dec. 1, 2017.

$TSN {{ '2017-08-07T18:36:47+0000' | timeago}} • Webcast

As $TSN posted 3Q17 results, the food processing brand also said it expects total expenditures of about $1Bil in FY17. Fr the year, the adjusted Return On Sales (ROE) % for Beef is seen at about 5%, pork at 12% and chicken at 10%.

$TSN {{ '2017-08-07T17:35:02+0000' | timeago}} • Infographic

$TSN Tyson Foods AlphaGraphics: Q3 2017 highlights

$TSN {{ '2017-08-07T12:08:29+0000' | timeago}} • Announcement

As the food processing giant posted 3Q17 results, $TSN said it now sees FY17 Adjusted EPS of $4.95-5.05. Tyson also expects to realize AdvancePierre Foods Holdings, Inc. net synergies in excess of $200MM by FY20.

$TSN {{ '2017-08-07T11:55:39+0000' | timeago}} • Announcement

With sales gaining almost 5% to $9.85Bil in 3Q17, $TSN posted an 8% slide in net attributable income of $447MM. GAAP EPS slipped 3% to $1.21, while adjusted EPS grew 6% to $1.28 in the quarter.

$TSN {{ '2017-08-03T14:30:57+0000' | timeago}} • Announcement

Food company $TSN has selected Sally Grimes as Group President of Prepared Food segment, Doug Ramsey as Group President Poultry and Noel White as Group President Fresh Meats (Beef and Pork) & International. Andy Callahan, President, North American Foodservice & International, and Monica McGurk, Chief Growth Officer, will be leaving the company.

$TSN {{ '2017-06-12T16:20:30+0000' | timeago}} • Announcement

$TSN appointed $HPE CIO Scott Spradley as its CTO, effective June 26, 2017. Spradley will be part of $TSN's enterprise leadership team, reporting directly to CEO Tom Hayes. Devin Graham, who served as interim CTO, will remain with the company as VP, technology and support and help Spradley transition to his new role.

$TSN {{ '2017-06-07T20:36:19+0000' | timeago}} • Announcement

$TSN completed the acquisition of AdvancePierre Foods Holdings, Inc. for approx. $4.2Bil. The company completed a tender offer to buy all the outstanding shares of common stock of AdvancePierre for $40.25 per share in cash, without interest. AdvancePierre generated revenues of $1.6Bil in 2016.

$TSN {{ '2017-05-12T20:17:37+0000' | timeago}} • Announcement

The Board of Directors of $TSN declared a quarterly dividend of $0.225 per share on Class A common stock and $0.2025 per share on Class B common stock, payable on September 15, 2017, to shareholders of record on September 1, 2017.

$TSN {{ '2017-05-08T14:12:41+0000' | timeago}} • Webcast

$TSN stated that as it relates to the synergies on Hillshire acquisition, the company backed it down to $675MM from $700MM because there is going to be more carryover into 2018. Regarding the Colorado storm impact, $TSN commented that anything it sees currently is built into its outlook.

$TSN {{ '2017-05-08T13:44:19+0000' | timeago}} • Webcast

$TSN said that for 2018, on the earnings outlook, the company will continue to grow where it wants to grow; value added vs. commodity, both on Chicken and Prepared Foods. The Core 9 also continues to do well. Additionally, the products $TSN is focused on at Food Service, the Focus 5 products are doing well in broadline distribution.

$TSN {{ '2017-05-08T13:09:30+0000' | timeago}} • Infographic

$TSN Tyson Foods AlphaGraphics: Q2 2017 highlights

$TSN {{ '2017-05-08T12:06:34+0000' | timeago}} • Announcement

Before considering the potential impacts of the AdvancePierre acquisition $TSN expects its FY17 sales to be flat compared to FY16 as it grows sales volume across each segment, offset by the impact of lower beef prices. $TSN also expects its FY17 sales to be impacted by the timing of closing these transactions.

$TSN {{ '2017-05-08T12:04:01+0000' | timeago}} • Announcement

For 2017, $TSN reiterated its adjusted EPS guidance in the range of $4.90-5.05, representing a 12% increase from adjusted EPS of FY16. The company also expects the acquisition of AdvancePierre Foods Holdings, Inc. to close during 3Q17.

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