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MarketScreener Homepage  >  Equities  >  Nyse  >  Tyson Foods, Inc.    TSN

TYSON FOODS, INC.

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Tyson Foods : has Hired More Than 3,000 Military Veterans since 2011

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04/23/2014 | 05:55pm EDT

Fort Campbell, Ky. - April 23, 2014 - Tyson Foods, Inc. (NYSE: TSN) showed its commitment to hiring U.S. military veterans today at an event where First Lady Michelle Obama announced a new government tool, called the Veterans Employment Center, designed to simplify job-hunting for veterans, transitioning service members, National Guard members, reservists and military spouses. Obama and Second Lady Jill Biden delivered remarks to more than 1,000 service members, military spouses, and private sector employers at the Fort Campbell Veterans Jobs Summit.

Tyson Foods has hired more than 3,000 military veterans since 2011, when it committed to hiring more veterans as part of its involvement in the American Logistics Association. The company continues to hire more as part of an initiative called "Camo to Khaki ," a reference to Tyson Foods' often-worn khaki uniform.

Michelle Obama announced a new website that will help military veterans transitioning to civilian life find jobs. The site also will help employers like Tyson Foods find good candidates for open positions.

"As a veteran myself, I know that transitioning veterans have an excellent work ethic and are ready to apply their skills," said Alexa O'Leary, senior military recruiter for Tyson Foods and a U.S. Army Reservist. "Our company appreciates the service our nation's veterans have given and we think they're a great fit in our organization."

Tyson Foods also supports the military by providing differential pay for all employees called to active military duty, making up the difference between military compensation and pay they normally receive from the company. Since September 11, 2001, the company has provided $2.2 million in differential pay to almost 460 team members.

Other ways the company supports the U.S. military include:

· Since 2009, Tyson Foods has sponsored and helped organize 10 "Honor Flights." Through this program, more than 800 World War II veterans have been flown from Arkansas to Washington D.C., to visit the World War II Memorial built in their honor, as well as other military memorials. Another flight is scheduled for May 3, 2014. To watch videos about previous Honor Flights from Arkansas, click here and here.

· Tyson Foods is the leading supplier of food to the Defense Commissary Agency and has been helping feed the U.S. military and their families for more than 50 years. In late 2011 the company, along with other commissary suppliers, committed to hiring more veterans and military spouses.

· One of the company's five pillars for corporate charitable giving is focused on military veterans and causes related to recruitment, job training and hiring; programs that address hunger or emergency food assistance for military families; and programs that assist wounded veterans.

Today's summit was a collaboration between the public, private and nonprofit sectors, and aimed to provide transitioning service members with employment resources. The event was organized by the U.S. Chamber of Commerce Foundation's Hiring Our Heroes, the White House's Joining Forces Initiative, the U.S. Department of Veterans Affairs, the U.S. Department of Labor, the U.S. Army's Fort Campbell, Army Career and Alumni Program, Soldier for Life, and Installation Management Command among others.

About Tyson Foods

Tyson Foods, Inc. (NYSE TSN ), with headquarters in Springdale, Arkansas, is one of the world's largest processors and marketers of chicken, beef and pork, the second-largest food production company in the Fortune 500 and a member of the S&P 500. The company was founded in 1935 by John W. Tyson, whose family has continued to be involved with son Don Tyson leading the company for many years and grandson John H. Tyson serving as the current Chairman of the Board of Directors. Tyson Foods produces a wide variety of protein-based and prepared food products and is the recognized market leader in the retail and foodservice markets it serves. The company provides products and services to customers throughout the United States and approximately 130 countries. It has approximately 115,000 Team Members employed at more than 400 facilities and offices in the United States and around the world . Through its Core Values , Code of Conduct and Team Member Bill of Rights, Tyson Foods strives to operate with integrity and trust and is committed to creating value for its shareholders, customers and Team Members. faith-friendly , provide a safe work environment and serve as stewards of the animals , land and environment entrusted to it.

Media Contact: Worth Sparkman, Tyson Foods, 479-290-6358, worth.sparkman@tyson.com


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Financials (USD)
Sales 2020 43 361 M - -
Net income 2020 1 679 M - -
Net Debt 2020 11 388 M - -
P/E ratio 2020 12,9x
Yield 2020 2,87%
Capitalization 21 659 M 21 659 M -
EV / Sales 2019
EV / Sales 2020 0,76x
Nbr of Employees 141 000
Free-Float 64,1%
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Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 70,61 $
Last Close Price 59,45 $
Spread / Highest target 41,3%
Spread / Average Target 18,8%
Spread / Lowest Target -15,9%
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Managers
NameTitle
Noel W. White Chief Executive Officer & Director
Samuel Dean Banks President & Director
John H. Tyson Chairman
Stewart F. Glendinning Chief Financial Officer & Executive Vice President
Scott J. Spradley Chief Technology Officer & Executive VP
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