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331875

Tyson Foods beats quarterly revenue estimates

Aug 8 (Reuters) - Tyson Foods Inc quarterly revenue beat estimates on Monday, as demand for its higher-priced chicken and beef remained steady in the face of decades-high inflation.

The Jimmy Dean sausage maker's sales increased to $13.50 billion in the third quarter from $12.48 billion a year earlier. Analysts on average had expected sales to be at $13.25 billion, according to IBES data from Refinitiv. (Reporting by Praveen Paramasivam in Bengaluru and Tom Polansek in Chicago; Editing by Vinay Dwivedi)

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