Tyson Foods slides on weaker FY26 forecast amid beef margin squeeze

Tyson Foods

03/09/2026 15:13

**  Shares of meat packer Tyson Foods TSN.N fall 5% to $53 after cutting its profit forecast for a second time within a month 
     ** Co cites increased pressure and significant margin compression in its beef segment due to volatile and weak cattle prices
** TSN now sees fiscal 2026 adjusted operating income of $1.85 bln-$2.05 bln vs $2.1 billion to $2.3 billion it forecast on August 3
** Also cuts FY26 revenue growth to 1.5%-2.0% from prior forecast of 2.5%-3.5%
** Five out of 16 brokerages rate the stock "buy", ten "hold" and one "strong sell"; median PT is $68.67
** Including session move, stock down 9.6% YTD

(Reporting by Anand Gopal in Bengaluru)
((AnandGopal.R@thomsonreuters.com))