date:May 09, 2012
ine in sales volumes.
Tyson's president and chief executive officer Donnie Smith said the chicken, pork and prepared foods divisions all were in or above their normalised operating margin ranges, while beef essentially broke even despite difficult market conditions.
We're positioned for another great year as we expect to gain momentum in our third and fourth quarters, Smith added.
The beef segment, the company's largest contributor of revenue, posted an operating loss of $1m, and 10.7% decline i