Tyson Foods Cuts Fiscal 2026 Profit and Revenue Guidance a Second Time Due to Beef Segment Pressure

Tyson Foods slashed its fiscal 2026 profit and revenue forecasts on Thursday, marking the second downward revision of the year, as the company cited mounting pressure in its beef segment driven by weak cattle prices expected to weigh on fourth-quarter results. The company now projects revenue growth of 1.5% to 2% for fiscal 2026, down from its prior guidance of 2.5% to 3.5%, and cut its adjusted operating income outlook alongside that revenue reduction.

Investors reacted sharply to the announcement, sending Tyson shares down roughly 7.5% on the day. The sell-off contributed to a broader decline in food sector stocks, with the group falling approximately 2.3% overall in Thursday trading.