Last month, Tyson Foods (NYSE: TSN) reported a fiscal 2023 second-quarter loss of $0.28 per share, down from a year-ago profit of $2.28. Even after taking out one-time items -- so-called adjusted earnings -- the company still bled $0.04 of red ink per share. Investors were none too pleased, sending the share price down sharply in response.

So now what? Could this be an opportunity for contrarian investors? While the second quarter could end up being the nadir, investors shouldn't expect a quick business rebound. Here are four reasons why.

Tyson's business is fairly well diversified. It produces beef (35% of Q2 sales), pork (11%), and chicken (34%), and branded meat products (18%). Foreign and "other" round things to 100%. While it isn't unusual for any particular business line to be facing headwinds, CEO Donnie King noted in Tyson's fiscal Q2 2023 earnings conference call: "I can't remember a time when our business faced the highly unusual situation that we're currently seeing, where all three of our core protein categories, beef, pork, and chicken, are experiencing market challenges at the same time."

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Source Fool.com