Tyson Foods (TSN) earnings were released today, February 6th, premarket. Alex Coffey and Jenny Horne discuss these earnings. They talk about how TSN's revenue came in at $13.26 versus an estimated $13.52B. They note that 1Q chicken sales volume up 2.5% and 1Q beef sales volume up 2.9%. They go over how prices remain elevated in the overall market. They also mention how TSN bought back $313M in stock in 1Q. Alex then demonstrates an example trade using TSN. The trade type is sell a put vertical and the direction is neutral to bullish. Tune in to find out more about the stock market today.
06 Feb 2023
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