India, Aug. 3 -- Meat processor Tyson Foods, Inc. (TSN) reported Monday a profit for the third quarter that surge from last year, reflecting improved operating margins and lower income tax expense amid continued strength in chicken and prepared foods. Sales also improved in four out of the company's five operational segments.
In Monday's pre-market trading, TSN is trading on the NYSE at $55.72, down $2.25 or 3.88 percent.
"We delivered strong third quarter results, fueled by continued strength in our Chicken and Prepared Foods segments, with seven consecutive quarters of growth in Chicken and continued market share gains by our iconic brands," said Donnie King, President & CEO of Tyson Foods.
For the third quarter, the Springdale, Arkans...