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Chicken Sales Triple Tyson's Profit

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Chicken Sales Triple Tyson's Profit
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Consumers' big appetite for chicken and beef helped triple profit at Tyson Foods. Quarterly net income at the U.S.' largest meat processor rose to $249 million. Price hikes, especially for breast meat, more than offset the increase in feed costs for chicken. Tyson was also able to fatten its profit margins for beef and poultry. CEO Donnie Smith said, "As expected, we are delivering robust results in the second half of our fiscal year."moreless
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