SPRINGDALE, Ark. — Tyson Foods' third-quarter net income more than tripled as chicken and beef sales climbed on increased prices.
The performance easily topped Wall Street's expectations. Its stock rose 4.1% Monday.
The nation's biggest meat producer earned $249 million, or 68 cents per share, for the three months ended June 29. That's up sharply from $76 million, or 21 cents per share, a year ago.
Earnings from continuing operations were 69 cents per share.
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