Springdale, Arkansas-based Tyson Foods, Inc. (TSN) is a food company that produces, distributes, and markets chicken, beef, and pork, as well as prepared foods. Valued at a market cap of $20.4 billion, the company’s products are marketed and sold primarily by sales staff to grocery retailers, grocery wholesalers, meat distributors, military commissaries, industrial food processing companies, chain restaurants, international export companies, and domestic distributors.
This food processing company’s shares have massively lagged behind the broader market over the past 52 weeks. TSN has gained 3.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 22.8%. Moreover, the stock is marginally down on a YTD basis, compared to SPX’s 3.4% rise during the same time frame.
