Tyson Foods Q3 FY2026: Chicken Carries the Quarter as Beef Still Bleeds
Tyson's fiscal third quarter was flat on the top line and carried by Chicken, not Beef: sales of $13.868 billion slipped 0.1% and adjusted EPS of $0.99 just missed the $0.9971 consensus. GAAP EPS was $0.52 because $73 million of leadership-transition charges and a $98 million legal accrual sat outside adjusted results. Read the segment detail and the guidance bridge, not the headline EPS.
1 · Expected vs. Actual
Free preview belowGAAP EPS of $0.52 was up $0.35 from $0.17 a year ago, and adjusted EPS of $0.99 rose 9.0% from $0.91. That adjusted figure still landed just under the $0.9971 consensus, so the gain was year-over-year, not versus expectations. The $0.47 gap between GAAP and adjusted comes mostly from $73 million of executive leadership transition charges and the $98 million legal accrual.
Sales of $13.868 billion were essentially matched to last year's $13.884 billion, a decline of 0.1%, while the nine-month figure of $41.834 billion was up 3.1%. Strip out a $98 million legal contingency accrual booked as a reduction to Sales and the quarter was up 0.6%. Volume fell 2.8% while average price rose 3.4%, so Tyson sold less protein and charged more for it.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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