Tyson Foods beats Q2 earnings estimates, boosts outlook despite beef segment losses

Tyson Foods reported Q2 fiscal 2026 sales of $13.653 billion, up 4.4% year-over-year and above estimates. Adjusted earnings per share were 87 cents, beating analyst expectations despite a 5% decline from last year. The company’s beef segment faced losses due to volume declines, but gains in chicken and prepared foods helped offset this. Tyson raised its full-year adjusted operating income forecast and expects improved beef segment performance in the second half of the year, signaling cautious optimism amid ongoing market challenges.