Tyson announces fiscal 2012 results

摘要

Despite higher fourth-quarter income, income for the full-year at Tyson Foods Inc. fell 22 percent on challenging commodity markets. For the year ended Sept. 29, the company had income of $583 million, equal to $1-64 per share on the common stock, which compared with income of $750 million, or $2.04 per share, during the previous year. Sales for the year were $33,278,000, up 3 percent from $32,266,000. "While fiscal 2012 wasn't a record EPS year, I think it was our best year - certainly our best effort to date," said Donnie Smith, president and CEO. "Our team members didn't make excuses; they made a difference, and they made money. This allowed us to buy back stock throughout the year, including $50 million in the fourth quarter, and to reinvest in our business at a record level while strengthening our balance sheet.