Tyson Foods Anticipates Tariff, Cold Storage Savings

This is a news story, published by Yahoo Finance, that relates primarily to Tyson Foods news.

food news

For more food news, you can click here:

more food news

Yahoo Finance news

For more news from Yahoo Finance, you can click here:

more news from Yahoo Finance

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best entertainment news, business news, world news, and much more. If you like food news, you might also like this article about

Tyson Foods

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest prepared foods business unit news, prepared foods news, food news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

Tyson Foods preps

GlobalData

•

Entertainment

Tyson Foods preps for tariffs as $200m savings eyed from cold storage disposals

Summary

Nutrition label

83% Informative

Tyson Foods has factored tariff uncertainty and pressured consumer into its unchanged guidance for the year but also aims to reap $ 200 m in savings from a revamp of its cold storage operations.

Prepared foods notched up a margin of 10.2% in the second quarter compared to 9.7% in opening three months of the year .

Tyson Foods looking to save $ 200 m in annual savings over three to five years .

Project mainly affects prepared foods and poultry.

Tyson Foods will sell multiple smaller conventional cold storage warehouses and then transition as a new anchor partner into several large scale fully automated next generation cold storage facilities.

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful