Tyson Returns To 2Q Profitability On Rising Demand

Meat producer Tyson Foods Inc. returned to profitability in its second quarter on improvements in its chicken business and higher beef and pork revenue.

The company said it expects the trends to continue as demand picks up for exports and in restaurants at home.

Results beat analyst expectations, and the company said the second half of the year should be strong too as pricing continues to improve and demand keeps increasing as people start going to restaurants and eating more meat again.

To read the rest of this story please go to: The Associated Press