KRTL BioTech

Tyson cuts profit forecast, says slaughterhouse fire among challenges

Tyson cuts profit forecast, says slaughterhouse fire among challenges

U.S. meat processor Tyson Foods Inc on Tuesday lowered its 2019 adjusted earnings forecast citing short-term challenges due to commodity market volatility, slower-than-expected operational improvements in the chicken segment, and the impact of a recent fire at its slaughterhouse in Holcomb.