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Tyson Foods exceeds Reuters’ estimates of higher meat prices

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© Reuters. PHOTO PHOTO: Tyson’s packets of food-meat-meat-cake are reflected in a mirror as they sit in a refrigerator on sale at a grocery store in Encinitas, California. REUTERS / Mike Blake / Photo File

(Reuters) – US meat ship Tyson Foods Inc (NYSE 🙂 on Monday surpassed Wall Street’s quarterly earnings estimates, helped by high prices for its products.

Springdale, Arkansas-based company sales rose 23.6% in the first quarter ended Jan. 1 to $ 12.9 billion, exceeding the average analyst estimate, according to Refinitiv’s IBES data.

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