Tyson Foods Sustainably Feeding the World with Growing Portfolio of Protein Packed Brands


LONDON, March 21, 2017 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE:TSN) President and CEO Tom Hayes today told investors at the Consumer Analyst Group of Europe’s annual conference that the company’s newly refined purpose of “raising the world’s expectations for how much good food can do” can be accomplished with sustainability at the forefront.

Hayes described the company’s “twin growth engines” as a portfolio of protein packed brands, including the billion dollar brands Tyson®, Jimmy Dean® and Hillshire Farm®, coupled with a bold commitment to delivering sustainable food at scale.

“We will use our reach, capabilities and resources to drive positive change,” Hayes said. “Innovation will address complex issues. Trade-offs will be minimized as we solve for healthier food, healthier animals, a healthier environment and a healthier workplace. All of these areas must advance together if we are to create a more sustainable system.”

By investing in sustainability, Tyson Foods expects to create a “virtuous cycle” of contributing to the future while paying for itself in the present. Over time, investments in sustainability should fund themselves through reduced waste and costs.

“Tyson Foods is strong today and leading for tomorrow,” Hayes said. “We’ve demonstrated consistent earnings growth and strong operating cash flow, and we’ve returned cash to our shareholders through share repurchases and dividends. We’re a strong company today with solid financials and a unique position for growth. We’re ready for tomorrow with a purpose, a clear strategy and a world-class team focused on the future.”

For more information on Tyson Foods’ recently announced sustainability efforts, see Tyson Foods' New Leaders Position Company for Future Growth.

About Tyson Foods
Tyson Foods, Inc., with headquarters in Springdale, Arkansas, is one of the world's largest food companies with leading brands such as Tyson®, Jimmy Dean®, Hillshire Farm®, Sara Lee®, Ball Park®, Wright®, Aidells® and State Fair®. It’s a recognized market leader in chicken, beef and pork as well as prepared foods, including bacon, breakfast sausage, turkey, lunchmeat, hot dogs, pizza crusts and toppings, tortillas and desserts. The company supplies retail and foodservice customers throughout the United States and approximately 115 countries. Tyson Foods was founded in 1935 by John W. Tyson, whose family has continued to lead the business with his son, Don Tyson, guiding the company for many years and grandson, John H. Tyson, serving as the current chairman of the board of directors. At October 1, 2016, the company had approximately 114,000 Team Members employed at more than 400 facilities and offices in the United States and around the world. Through its Core Values, Code of Conduct and Team Member Bill of Rights, Tyson Foods strives to operate with integrity and trust and is committed to creating value for its shareholders, customers and Team Members. The company also strives to be faith-friendly, provide a safe work environment and serve as stewards of the animals, land and environment entrusted to it.

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Forward-Looking Statements

Certain information contained in the press release may constitute forward-looking statements, such as statements relating to expected performance, and including, but not limited to, growth, sustainability, and returns on investments. These forward-looking statements are subject to a number of factors and uncertainties which could cause our actual results and experiences to differ materially from the anticipated results and expectations expressed in such forward-looking statements. We wish to caution readers not to place undue reliance on any forward-looking statements, which speak only as of the date made. Among the factors that may cause actual results and experiences to differ from anticipated results and expectations expressed in such forward-looking statements are those factors listed under Item 1A. “Risk Factors” included in our Annual Report filed on Form 10-K for the period ended October 1, 2016.


            

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