Tyson Foods Reports Second Quarter 2026 Results; Chicken and Prepared Foods Momentum Drives Market Share Gains and Top Line Growth

Published: 2026-05-06 11:30:37 ET TSN

Published on 05/06/2026 at 11:30 am EDT

Springdale, Arkansas - Tyson Foods, Inc. (NYSE: TSN), one of the world's largest food companies and a recognized leader in protein with leading brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State Fair, reported the following results:

FY26 Q2 1

First Six Months Highlights

Sales of $27,966 million, up 4.8% from prior year; Sales up 4.0% excluding the impact of legal contingency accruals of $150 million and $343 million recognized as reduction to Sales in the current year and prior year, respectively

GAAP operating income of $737 million, up 8% from prior year

Adjusted operating income of $1,069 million, down 9% from prior year

GAAP EPS of $0.97, down 6% from prior year

Adjusted EPS of $1.84, down 11% from prior year

Total Company GAAP operating margin of 2.6%

Total Company adjusted operating margin (non-GAAP) of 3.8%

Liquidity of $3.7 billion as of March 28, 2026

Cash provided by operating activities of $829 million, down $17 million from prior year

Free cash flow (non-GAAP) of $432 million, up $50 million from prior year

Reduced total debt $747 million

Second Quarter Highlights

Sales of $13,653 million, up 4.4% from prior year; Sales up 1.8% excluding the impact of legal contingency accruals of $343 million recognized as reduction to Sales in the prior year

GAAP operating income of $435 million, up $335 million from prior year

Adjusted operating income of $497 million, down 3% from prior year

GAAP EPS of $0.73, up $0.71 from prior year

Adjusted EPS of $0.87, down 5% from prior year

Total Company GAAP operating margin of 3.2%

Total Company adjusted operating margin (non-GAAP) of 3.6%

'We delivered strong results in the second quarter, with our Chicken and Prepared Foods segments driving meaningful momentum. Our disciplined balance sheet management, execution and diversified, multi-protein portfolio position us to capitalize on significant growth opportunities ahead,' said Donnie King, President & CEO of Tyson Foods. 'We remain focused on continuous improvement, leveraging our scale and operating capabilities to better serve our customers and consumers. With sustained market demand for protein and our proven ability to innovate and execute, we're well-positioned for long-term value creation. It has enabled us to return $445 million of cash to our shareholders year to date, through a combination of dividends and share repurchases.'

See full details at: https://www.tysonfoods.com/news/news-releases/2026/5/tyson-foods-reports-second-quarter-2026-results