Springdale, Arkansas-based Tyson Foods, Inc. (TSN) produces, distributes, and markets chicken, beef, pork, prepared foods, and related allied products. Valued at $22.32 billion by market cap, TSN is one of the world’s largest food companies and a recognized leader in protein. Its products are marketed and sold to national and regional grocery retailers, regional grocery wholesalers, meat distributors, warehouse club stores, military commissaries, and industrial food processing companies.
Shares of this meat-producing giant have underperformed the broader market considerably over the past year. TSN has gained 9.2% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 16.1%. However, in 2024, TSN’s stock is up 14.7%, surpassing the SPX’s 9% rise on a YTD basis.
