Tyson Foods Focuses on Brands. Is That Paying Off for Investors?
In May 2023, Tyson Foods (NYSE: TSN) completed the acquisition of Williams Sausage Company. In the grand scheme of things, it wasn't a particularly huge deal. But it speaks to an important trend taking shape at this meat producer. Here's what you need to know to decide whether Tyson Foods buying branded meat companies is a good idea.
Tyson's beef sales make up around 35% of its top line. Chicken accounts for roughly 34% of the food maker's business. And pork is about 11%. Altogether, that adds up to approximately 70% of the company's revenue. Selling meat is clearly Tyson's main focus.
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Source Fool.com
