Tyson Foods, Inc. Q2 FY2026 Earnings Call

Tyson Foods, Inc. (TSN)

Earnings Call FY2026 Q2 Call date: 2026-05-04 Concluded

Quarter scorecard

Revenue

$13.65B

+4.4% YoY

Diluted EPS

$0.73

+3550% YoY

Gross margin

7.0%

+2.4 pp YoY

Net income

$260.00M

+3614.3% YoY

Beef $5.21B

+0.2%

Chicken $4.29B

+3.5%

Prepared Foods $2.51B

+4.8%

Pork $1.58B

+26.9%

International $577.00M

+1.9%

Intersegment Revenues -$505.00M

from the 8-K filed May 4, 2026

Metric	Period	Guided	Basis
Segment operating income, as adjusted Initiated fiscal 2026	fiscal 2026	$250M – $300M	Non-GAAP
Segment operating income, as adjusted Initiated fiscal 2026	fiscal 2026	$1.9B – $2.05B	Non-GAAP
Segment operating income, as adjusted Initiated fiscal 2026	fiscal 2026	$1.25B – $1.35B	Non-GAAP
Segment operating income, as adjusted Initiated fiscal 2026	fiscal 2026	$150M – $200M	Non-GAAP
Corporate expenses and amortization, as adjusted Initiated fiscal 2026	fiscal 2026	$950M – $975M	Non-GAAP
Total company adjusted operating income Initiated fiscal 2026	fiscal 2026	$2.2B – $2.4B	Non-GAAP
Sales Initiated fiscal 2026	fiscal 2026	2% – 4%	—
Capital expenditures Initiated fiscal 2026	fiscal 2026	$700M – $1B	—
Net interest expense Initiated fiscal 2026	fiscal 2026	$365M	—
Free cash flow Initiated fiscal 2026	fiscal 2026	$1.2B – $1.8B	—
Adjusted effective tax rate Initiated fiscal 2026	fiscal 2026	25%	Non-GAAP