With a market cap of $20.48 billion, Tyson Foods Inc. (TSN) is a major player in the food industry, offering a wide range of protein-based products. Based in Springdale, Arkansas, the company distributes its offerings through various channels, including grocery retailers, wholesalers, industrial food processors, and international export companies.
Shares of the meat processing company have underperformed the broader market over the past 52 weeks. TSN has gained 10.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 25.2%. In 2024, shares of TSN are up 6.7%, compared to the SPX's 10.4% gains on a YTD basis.
