Tyson Foods has cut its annual profit guidance as rising beef prices pressure US consumers, leading to a larger expected operating loss in its beef segment. The company now projects a beef operating loss of $500 million to $650 million for fiscal 2026, widening by about $150 million from its prior outlook. Beef sales volume fell 15.9% in the fiscal third quarter, while pork volume rose 5% and chicken volume edged up 1%, reflecting a consumer shift toward cheaper proteins. Tyson's prepared foods business posted its third consecutive quarter of volume growth, with sales up 1.7%. McDonald's is set to report second-quarter results tomorrow, with analysts expecting same-store sales growth of around 1.3% to 1.4%, though some have lowered estimates amid pressure on lower-income consumers and a deceleration in July sales.
McDonald’s CorporationAnalysts lower estimates amid pressure on lower-income consumers and decelerating July sales.
Chipotle Mexican Grill Inc
Tyson Foods IncCuts profit outlook as beef prices weigh on consumers, with beef volume down 15.9%.