Tyson Foods recently reported its second quarter and six months results, including sales in millions of $6,916 and $13,551, a gross profit of 8.2% and 8.1%, respectively.
Those numbers are up from, in millions, $6,307 and $12,828 during the same period in 2009.
Net income per share for the second quarter and six months was $0.42 and $0.84, respectively.
Chicken operating income was $114 million (4.6% of sales), beef operating income was $126 million (4.6% of sales), pork operating income was $69 million (7.4% of sales) and prepared foods operating income was $37 million (5% of sales).
The company said it expects seasonal demand for chicken will improve in the second half of fiscal 2010 and that the pricing environment will improve, aided by cold storage inventories and pullet placements.
The company estimates its capital expenditures for fiscal 2010 will be approximately $700 million.
"We are very happy with these results, especially because our fiscal second quarter is typically not our best," said Donnie Smith, president and chief executive officer of Tyson Foods.