Tyson Foods (NYSE:TSN) reported fiscal Q3 adjusted earnings of $0.15 per share, down from $1.94 a year earlier.
Analysts polled by Capital IQ expected $0.26.
Sales for the quarter ended July 1 were $13.14 billion, down from $13.5 billion a year earlier.
Analysts polled by Capital IQ expected revenue of $13.63 billion.
The company reiterated its guidance for the full fiscal year 2023 sales of $53 billion to $54 billion. Analysts polled by Capital IQ expect $53.73 billion.