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Tyson Foods Inc.

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Estimates have been largely stable ahead of second quarter fiscal 2017 results. However, shares of this meat processor have been declining since past six months, in comparison to the Zacks categorized sector. Though the strong performance of Core 9 categories and foodservice top-tier offerings continue to outperform the industry, the sluggish beef and pork segment remains a concern. Moreover, the company’s exports have been suffering in the past few quarters primarily due to macroeconomic headwinds. Nevertheless, its dominance in the chicken segment is commendable. Further, strategic acquisitions in the prepared foods segment boosted sales. Also, the company’s investment in meat substitutes expected to yield profit.

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