John Tyson
John Tyson
challenges coming doubt faced optimistic people seen share strategy strong
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.
beef chicken conditions early entered fiscal foods further knowing market operating pork prepared producing results segment solid struggled
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.
accounting confidence forward issues management premier protein run satisfied together work
We are satisfied that IBP's accounting issues have been resolved, and have every confidence in (IBP's) management team, ... We look forward to their contribution as we work together to run the world's premier protein provider.
allow beef believe case cash cattle consumers continue decisions efficient marketing prefer producers raising rather rewards sell thousands
Thousands of producers prefer to sell cattle through marketing agreements, rather than in the cash market. The decisions in this case allow them to continue this practice, which they believe is more efficient and rewards them for raising cattle that produce the beef consumers demand.
company difficult performance pleased progress quarter
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,
buying cattle continue decision freedom gratified livestock market means practices producers proves supreme
We are gratified by the Supreme Court's decision in this case. This means U. S. cattle producers will continue to have the freedom to market cattle the way they want. It also proves our livestock buying practices are proper.
act charts corporate efforts environment explains food importance including land partners precisely provide recognize report safe seek serve team treat
We recognize the importance of being a responsible corporate citizen. This report charts our efforts as we seek to do what's right for all our stakeholders. It describes precisely how we provide safe food to the marketplace, serve as stewards for the animals, land and environment and act as partners in our communities. It also explains how we treat people, including our Team Members, consumers, suppliers and the communities where we live and operate.
case evolution excited monumental ready represents step
We're excited about proceeding with this project, which represents another monumental step in the evolution of our case ready meats business,
demand difficult domestic due short supply term
The short term will be difficult due to international demand and domestic supply issues.
good great home memories mind siblings smells stimulate
Home is a great place for him. The smells of home ... can stimulate memories and stimulate the mind and being around his siblings and his own environment, I think it's a good place for him.
beef chance chicken company folks industry leaders move number opportunity pork seldom together tyson unique
This is a unique opportunity for Tyson foods, the number one company in the chicken category, and the folks at IBP, who are the number one in the beef and pork industry, ... Seldom do you get the chance to put the leaders together in an industry and then move forward.
beginning plant pleased production progress since six weeks
I?m pleased with progress this plant has made since beginning production six weeks ago.
benefit bottom clearly execution expense focus fully guidance high improving management money performance previous sales simply
While our performance was at the high end of our previous guidance, we clearly did not perform to our potential, ... Our focus is on improving our operational execution and expense management to more fully benefit from our improving sales mix. We simply have to get more money to the bottom line.
beef boxed capacity cattle declining effect export high low lower negative prices sales segment suffered worse
The beef segment suffered from low capacity utilization and declining boxed beef prices. The negative effect of high live cattle prices and lower sales was made worse by interruptions in export markets.