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flag Tyson Foods' beef segment lost $319M, driving a 76% income drop despite revenue growth, leading to plant closures and nearly 5,000 job cuts.

flag Tyson Foods posted a 76% drop in first-quarter net income to $85 million, missing expectations, despite a 5.1% revenue rise to $14.3 billion. flag The beef segment lost $319 million, worsened by a shrinking cattle herd and rising feed costs, leading to plant closures in Nebraska and Texas, and nearly 5,000 job cuts. flag Chicken sales grew 3.7%, helping offset losses, while beef prices hit a record high. flag The company raised its full-year operating income forecast but widened its projected beef loss to $250–$500 million.

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