Tyson Foods blue logo horizontal Tyson Foods

Tyson takes financial hit from COVID-19

Company says it cannot predict ultimate impact pandemic will have on demand.

Tyson Foods incurred approximately $340 million in direct costs due to COVID-19, chief executive officer Noel White said during an earnings conference call this week. Indirect costs, including those associated with employee absenteeism, lower volumes or operational inefficiencies, are likely substantial, another company executive reported.

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