Tyson Foods forecasts annual sales above estimates
Nov 14 (Reuters) - U.S. meatpacker Tyson Foods Inc on Monday forecast full-year revenue above Wall Street estimates, signaling steady demand for its higher-priced chicken and beef despite decades-high levels of inflation.
The Springdale, Arkansas-based company projected full-year 2023 sales between $55 billion and $57 billion, compared with analysts' expectation of $53.60 billion, according to IBES data from Refinitiv. (Reporting by Ananya Mariam Rajesh in Bengaluru and Tom Polansek in Chicago; editing by Uttaresh.V)
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