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Tyson laying 800 off

Truthinpolitics2024

Posted 10:55 am, 08/20/2024

The county and board of commissioners need to take a serious take at the tax incentives given to Tyson if they are going to decrease the local workforce by this big of a percentage.

antithesis

Posted 1:31 am, 08/12/2024

Due to increasing demand, we are shifting production in our Wilkesboro, NC facility to support our Tyson fully cooked products. As a result of these process changes, fewer positions will be required in the facility.


And this was in the JP...

Total sales for rose 1.6% over the prior third quaerter to $13.35 billion. Tyson's adjusted operating margin expanded to 3.7%, up from 1.4% in the prior year period.

"Our disciplined actions and focus on the fundamentals have resulted in a positive turnaround of our business," said Donnie King, president and CEO of Tyson Foods. "In Q3, we delivered the highest adjusted operating income in the last seven quarters while also generating strong free cash flow."

https://www.journalpatriot....d97e3.html

Sales were up, and profits were up... because people are buying the more expensive fully cooked products.

This is a sign that people have a greater expendable income, which is the opposite of what Metal is implying in the OP.

I've said it many times, though... it's just a matter of time before Tyson relocates to a cheaper country. People just don't care enough to pay 5 times as much for food produced in the US.

Thomas Hobbes

Posted 6:07 am, 08/10/2024

Gay boys of Wilkes- give it up. No one cares about Stoney. He's not important.

Good Ole Boyz of Wilkes

Posted 10:05 pm, 08/09/2024

UNCwussy, you and Tommy must be butt buddies.


The both of you get so upset because your ole' lady's get hammered and you guys end up with sloppy seconds

new news

Posted 12:33 pm, 08/09/2024

Sure, Stoney got us in debt as a county for $32M . He is the biggest liar in the county. What a loser! How many businesses has he lost?

UNCW1998

Posted 12:00 pm, 08/09/2024

Thomas Hobbs, you are correct. You can't fix stupid.

Thomas Hobbes (view profile)

Posted 9:58 am, 08/09/2024

Folks let's keep things classy no need bringing the whole thing down by bringing up the Dutton wannabe



Gay Boys of Wilkes, see you still lick his *ss while he gives your mom a Dirty Sanchez. You probably help him beat his wife too.

Good Ole Boyz of Wilkes (view profile)

Posted 9:32 am, 08/09/2024

Bro, you still upset about Stoney laying the pipe to your fat arse ole' lady

Thomas Hobbes

Posted 9:58 am, 08/09/2024

Folks let's keep things classy no need bringing the whole thing down by bringing up the Dutton wannabe

Good Ole Boyz of Wilkes

Posted 9:32 am, 08/09/2024

Bro, you still upset about Stoney laying the pipe to your fat arse ole' lady

UNCW1998

Posted 7:47 am, 08/09/2024

We need Stoney Greene back in office, he can fix this single handedly, just like he took all the credit for racing returning to the Speedway.

markm1955

Posted 7:34 am, 08/09/2024

LIBERAL HIFALOOTIN DEMOCRAP TOMISS

Thomas Hobbes

Posted 10:11 pm, 08/08/2024

Gibberish isn't a language. When you learn to speak and type in a coherent manner a discussion can begin.

Until then you are .... Well, too stupid.

markm1955

Posted 9:28 pm, 08/08/2024

HEY MISSTOM!!! U PROBLY A CHICKEN AT TYSON PEKKER HED!!! TRUMP 2024 2025 2026

Thomas Hobbes

Posted 8:28 pm, 08/08/2024

Do, to remind folks Metal told the truth and Suffer, a democrat, lied.

maxcat

Posted 7:46 pm, 08/08/2024

WGHP has an article that says:

A Tyson Foods Spokesperson released the following statement to FOX8:


"Due to increasing demand, we are shifting production in our Wilkesboro, NC facility to support our Tyson fully cooked products. As a result of these process changes, fewer positions will be required in the facility. Our priority is to help team members impacted by this change, and we are working with them to offer other opportunities at Tyson Foods."

ChocolateStarfish

Posted 7:02 pm, 08/08/2024

Buy local.

|METALTRUCKER|

Posted 6:00 pm, 08/08/2024

Nah,our growers are great. Just how they be.

ChocolateStarfish

Posted 5:47 pm, 08/08/2024

Unfortunately tyson owns every bit of chicken farms now.

Local growers are best. We done seen what happens when few own everything. Time to get back to diversifying them bonds, if you will.

|METALTRUCKER|

Posted 5:39 pm, 08/08/2024

@Anonymoose
I 100% FULLY SUPPORT local growers and suppliers.
This does TRULY bother me. Truly does.
I was born here grew up here. These chicken houses are a piece of my heritage.
Seen'em all my life,good people.
BUT? like a sinking ship.you must trim the excess weight.

1goddess

Posted 5:39 pm, 08/08/2024

Actually its the consumers fault, Tyson was and is still prepared for the loss of profits


Tyson's adjusted Q3 profit of 87 cents a share beat analyst estimates by 20 cents

Tyson Foods Inc.'s stock was a rare positive amid a stock-market swoon Monday after the meat-production giant beat analyst estimates for its third-quarter profit and revenue and reversed a year-ago loss.

Chief Executive Donnie King said the company's "disciplined actions and focus on the fundamentals have resulted in a positive turnaround of our business."

Tyson (TSN) rose 1.9%, even as the S&P 500 SPX moved lower by about 2.9%. The stock had moved lower earlier in the session but reversed course and rose.

Tyson swung to third-quarter net income of $191 million, or 54 cents a share, from a loss of $417 million, or $1.18 a share, in the year-ago quarter.

Adjusted profit of 87 cents a share in the latest quarter beat the FactSet consensus estimate of 67 cents a share.

Revenue climbed to $13.36 billion from $13.14 billion in the year-ago period, coming in ahead of the analyst estimate of $13.21 billion.

Looking ahead, Tyson boosted the low end of its adjusted operating income (AOI) estimate for fiscal 20224 to $1.6 billion from $1.4 billion and kept the upper end at $1.8 billion.

It reiterated its forecast for relatively flat sales for the year.

Analysts expect Tyson to report 2024 revenue of $53.05 billion, up from $52.88 billion in fiscal 2023.


|METALTRUCKER|

Posted 5:35 pm, 08/08/2024

Hmmhmm..
IF you know my last name. You should know whom I referring to.
Been busting heads all over that facility. For weeeeeeks.
So? I know EXACTLY wtf I'm talking about.
I thank you very much!

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