Tyson Foods Inc. – Company Overview
Company | Tyson Foods Inc. |
Headquarters | 2200 West Don Tyson Parkway, Springdale, Arkansas |
CEO | Donnie Smith |
CFO | Dennis Leatherby |
Industry | Food processing |
Type | Public |
Founder | John W. Tyson |
Founded | 1931 |
NYSE stock symbol | TSN |
Net Sales | $41,373 million USD (2015) |
Operating income | $2,169 million USD (2015) |
Net income | $1,224 million USD (2015) |
Employees | 113,000 (2015) |
Website | http://www.tysonfoods.com/ |
IR contact number | 1-800-643-3410 ext.4524 |
IR email address | [email protected] |
Tyson Foods Inc. is a multinational food processing company, based in Arkansas, USA.
It is currently the second-largest food production company in the world and America’s number one processor and marketer of chicken, beef, and pork – producing approximately one out of every five pounds of chicken, beef and pork in the country.
Tyson Foods was founded in 1935 by John W. Tyson. For years it flourished as a family business, producing a range of protein-based and prepared food products. It went public in 1963.
It now operates more than than 400 facilities and offices worldwide – with a team of over 115,000 people and it packages around 42.5 million chickens, 170,938 cattle, and 347,891 pigs on a weekly basis.
As a diversified multi protein business Tyson Foods currently produces:
Value added foods: Value Added Chicken, Beef, and Pork, Pepperoni, Pizza Topings, Bacon, Deli Meats, Hams, Franks, Snacks, Appetizers, Side Items, Prepared Meals, Meal Kits, and Fully-cooked Dinner Meats.
Prepared foods: Pizza Crusts, Tortillas, Soups, Sauces, Appetizers, and Side Items.
Commodity Meat and Poultry: Fresh Chicken, Beef, and Pork, and Speciality Meats.
Tyson Foods Inc. supplies its products to a number of well known retailers, including the Yum! Brands chains (KFC, Taco Bell, and Pizza Hut), McDonald’s, Wal-Mart, Kroger, Wendy’s, Burger King, and others.
Tyson Foods Inc. – Financial Results
Key figures (in millions of USD) | 2015* | 2014* |
Net sales | $41,373 | $37,580 |
Gross profit | $3,917 | $2,685 |
Operating income | $2,169 | $1,430 |
Net income | $1,224 | $856 |
Total assets | $23,004 | $23,956 |
Cash and cash equivalents at beginning of period | $438 | $1,145 |
Cash and cash equivalents at end of period | $688 | $438 |
*For the years ended October 3, 2015 and 2014
Source: “Tyson Foods Inc.. – 2015 Form 10-K”