Tyson Foods reported significant losses in its beef segment for the first quarter of fiscal 2026 (ending Dec. 27, 2025), with an operating loss of $319 million. This loss widened from $26 million in the same quarter a year ago, driven by high cattle costs and tight supply. Despite higher revenue, the segment continued to struggle.

Key Details on Beef Segment (Q1 2026):

  • Operating Loss: $319 million.
  • Segment Sales: $5.8 billion, up 9.4%.
  • Outlook: Tyson projects a $250 million to $500 million operating loss for the beef segment in fiscal 2026.

Actions Taken: The company closed a Nebraska plant and scaled back operations in Amarillo, Texas, in early 2026 to address these losses.

While the beef segment struggled, other segments like Chicken and Prepared Foods continued to perform.