Tyson Foods

TSN Q3 2025 Earnings

Reported Aug 4, 2025 at 7:33 AM ET · SEC Source

Q3 25 EPS

$0.91

BEAT +16.18%

Est. $0.78

Q3 25 Revenue

$13.88B

BEAT +2.42%

Est. $13.56B

vs S&P Since Q3 25

-8.4%

TRAILING MARKET

TSN +7.8% vs S&P +16.2%

Market Reaction

Did TSN Beat Earnings? Q3 2025 Results

Tyson Foods posted a stronger-than-expected third fiscal quarter, with adjusted earnings per share of $0.91 beating the $0.78 consensus estimate by 16.18% and revenue of $13.88 billion topping expectations by 2.42% as sales grew 4.0% year over year. … Read more Tyson Foods posted a stronger-than-expected third fiscal quarter, with adjusted earnings per share of $0.91 beating the $0.78 consensus estimate by 16.18% and revenue of $13.88 billion topping expectations by 2.42% as sales grew 4.0% year over year. The headline performance was anchored by a fifth consecutive quarter of year-over-year gains in sales, adjusted operating income, and adjusted EPS, with Chicken leading the way at $345 million in adjusted operating income and an 8.2% margin. The results masked significant turbulence beneath the surface, however, as a $343 million goodwill impairment in the struggling Beef segment pushed GAAP EPS down to $0.17 from $0.54 a year ago. On an adjusted basis, operating income still grew 3% to $505 million. Looking ahead, management projects total adjusted operating income of $2.10 billion to $2.30 billion for fiscal 2025, with revenue growth of 2-3%, and the company reinforced its shareholder return commitment by expanding its share repurchase authorization to approximately 50 million shares.

Key Takeaways

  • Multi-protein, multi-channel portfolio strength
  • Operational excellence and relentless focus on efficiency
  • Higher average pricing in Beef (10.0% increase) and Prepared Foods (5.7% increase)
  • Chicken segment delivered 8.2% adjusted operating margin
  • Prepared Foods achieved 9.8% adjusted operating margin
  • Gross profit margin expanded to 8.2% from 6.6% year-over-year
  • Reduced total debt by $722 million
24/7 Wall St

TSN YoY Financials

Q3 2025 vs Q3 2024, source: SEC Filings

24/7 Wall St

TSN Revenue by Segment

With YoY comparisons, source: SEC Filings

Q3 25 Q2 26

“Our third quarter results demonstrate the strength of our multi-protein, multi-channel portfolio and our relentless focus on operational excellence. Delivering our fifth consecutive quarter of year-over-year growth across sales, adjusted operating income and adjusted earnings per share underscores the resilience of our business model. Looking ahead, we are confident in our ability to meet consumer needs, capitalize on protein demand and deliver long-term value to our shareholders.”

— Donnie King, Q3 2025 Earnings Press Release