Supply Chain Research

Tyson Foods reported revenue growth of 5.3% year over year in fiscal Q4’20, That outpaced analysts’ estimates as the meat packer experienced stronger retail sales that offset foodservice deliveries that are “still in recovery” after the pandemic. The firm has also had to deal with worker safety during the pandemic and will book $530 million of costs in FQ4’20 and FQ1’21 combined. While sales in international markets slowed, exports of meat from the U.S. accelerated with seaborne shipments linked to Tyson rising 39.7% year over year in calendar Q3’20 and by a further 80.3% in October. Po...