33 Quotes by John Tyson
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- Author John Tyson
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Unfortunately, it will be impossible to complete the cash tender offer by the 28th. IBP continues to work with the SEC to resolve their accounting issues. After that work is complete, we will determine what effect these matters will have on our deal.
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- Author John Tyson
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We're saddened by the devastation left by this powerful storm and have joined others across the country in the effort to help those people whose lives have been disrupted,
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We regret the disruption the closings will cause our team members and these two outstanding plant communities, which both have a long history in the meatpacking industry.
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We're pleased to be part of this effort, especially in the state of Mississippi where we employ more than 5,000 Tyson Team Members.
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Our chicken segment generated solid results and prepared foods improved, while pork struggled and beef further deteriorated, producing significant operating losses.
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Overall, I am very pleased with the performance of our company in this historically difficult quarter and with the progress we've made on the integration to date,
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Recent declines in international demand for chicken coupled with greater than expected domestic supply will dramatically impact the projected performance of our chicken segment.
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Without a doubt, we faced our share of challenges in 2005, but we've also seen strong indicators that show our strategy is working. We're optimistic because we have the right strategy and the right people coming together.
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We entered fiscal 2006 knowing market conditions would be difficult, especially early in the year. During the first quarter, our chicken segment generated solid results and prepared foods improved, while pork struggled and beef further deteriorated, producing significant operating losses.
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