Tyson Foods said Tuesday it is experiencing short-term challenges that are negatively affecting fourth quarter earnings.
U.S. meat processor Tyson Foods on Tuesday lowered its 2019 adjusted earnings forecast citing short-term challenges.
The slaughterhouse fire last month led to the closure of the sprawling facility in Holcomb, Kansas, that killed about 6,000 cattle a day, or 5% of the total U.S. slaughter.Daniel Acker | Bloomberg | Getty Imageson Tuesday lowered its 2019 adjusted earnings forecast citing short-term challenges due to commodity market volatility, slower-than-expected operational improvements in the chicken segment, and the impact of a recent fire at its slaughterhouse in Holcomb, Kansas.
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