Tyson Foods beats Q2 earnings estimates, driven by strong chicken sales and forecasts 2-4% sales growth in 2026

Tyson Foods reported fiscal Q2 earnings of $0.87 per share, surpassing analyst expectations of $0.78, with revenue of $13.65 billion, slightly above estimates. The company's strong performance was fueled by resilient demand in its chicken segment, offsetting challenges in beef where losses are expected for the full year due to tighter cattle supplies. Tyson projects 2-4% sales growth for fiscal 2026 and forecasts adjusted operating income between $2.2 billion and $2.4 billion. The company also expects capital expenditures of $700 million to $1 billion and free cash flow of $1.2 billion to $1.8 billion, maintaining strong liquidity above $1 billion.