TYSON FOODS, INC.

Tyson Foods announced a strategic restructuring of its beef operations, including ending operations at its Joslin, Illinois beef facility and its Eagle Mountain, Utah case-ready facility. The company is also pursuing the sale of its Pasco, Washington beef facility. These changes are intended to create a more efficient and modern network, with capacity from closed locations moving to strategically located facilities, and a second shift being added at the Amarillo, Texas facility as cattle become available. The restructuring is a response to historic cattle shortages and aims to strengthen long-term performance.

Tyson Foods is implementing strategic changes to its beef operations, including closing facilities in Joslin, Illinois, and Eagle Mountain, Utah, and pursuing the sale of its Pasco, Washington, beef facility. These actions are in response to a historic cattle shortage and aim to create a more efficient and modern network, anchoring operations around three key facilities in Nebraska, Kansas, and Texas. The company plans to ramp up a second shift at its Amarillo, Texas, facility as cattle become available, while maintaining similar harvesting levels.

Tyson Foods, Inc. announced the pricing of a $1 billion aggregate principal amount senior notes offering. The offering consists of two tranches: $500 million of 5.100% Senior Notes due 2031 and $500 million of 5.600% Senior Notes due 2037. The company intends to use the net proceeds to purchase notes tendered in a contemplated tender offer and for general corporate purposes, with the closing expected on August 24, 2026.

Tyson Foods, Inc. announced an underwritten public offering to sell $1 billion aggregate principal amount of Senior Notes. This includes $500 million of 5.100% Senior Notes due 2031 and $500 million of 5.600% Senior Notes due 2037. The company intends to use the net proceeds to purchase notes tendered in a contemplated tender offer, with any remainder for general corporate purposes. The offering is expected to close on August 24, 2026.

Tyson Foods, Inc. announced a cash tender offer to purchase several series of its outstanding notes, with a maximum aggregate purchase price of $1.2 billion. The offer includes specific sub-caps for its 3.550% Senior Notes due 2027 ($800 million) and 5.400% Senior Notes due 2029 ($250 million). The tender offer is set to expire on September 8, 2026, with an early tender deadline of August 21, 2026, and is contingent upon the company's successful completion of a new note offering.

Tyson Foods, Inc. announced cash tender offers to purchase several series of its outstanding senior notes, with a maximum aggregate purchase price of $1.2 billion. The offers include specific sub-caps for its 3.550% Senior Notes due 2027 ($800 million) and 5.400% Senior Notes due 2029 ($250 million). The offers are subject to a financing condition, requiring the company to receive sufficient net proceeds from a contemporaneous offering of new notes.

Tyson Foods reported a significant increase in net income and diluted EPS for the third quarter of fiscal 2026, reaching $182 million and $0.52 respectively, compared to the prior year. Sales remained relatively flat at $13.868 billion. The company continued its network optimization plan, incurring $32 million in net charges, and recognized $73 million in charges related to executive leadership transitions. Long-term debt decreased, and the effective tax rate improved significantly.

Tyson Foods reported strong third-quarter 2026 results, with GAAP operating income increasing 39% to $362 million and GAAP EPS rising to $0.52. Adjusted operating income grew 8% to $547 million, driven by continued strength in its Chicken and Prepared Foods segments. For fiscal year 2026, the company anticipates sales to increase by 2.5% to 3.5% and adjusted operating income to be between $2.1 billion and $2.3 billion, with free cash flow projected at $1.3 billion to $1.7 billion.

Tyson Foods, Inc. announced the release of its third quarter 2026 financial results, which are now available on the company's Investor Relations website. The company will host a conference call and webcast today, August 3, 2026, at 9:00 a.m. Eastern Time, to discuss these results. Details for accessing the live webcast, audio-only dial-in, and replay options have been provided.

Tyson Foods, Inc. announced it will release its third quarter 2026 financial results on Monday, August 3, 2026. Following the release, management will host a conference call and webcast at 9:00 a.m. Eastern Time to discuss the results. A press release and supplemental materials will be made available before the market opens on the same day. Details for accessing the live webcast, audio-only conference call, and replays are provided for interested parties.