Tyson Foods Sales Rise on Hillshire Acquisition


Tyson Foods Inc, the biggest U.S. meat processor, reported a 10.5 percent rise in quarterly sales, helped by the acquisition of Jimmy Dean sausage maker Hillshire Brands Co.

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Net income attributable to Tyson Foods rose to $310 million, or 75 cents per share, in the second quarter ended March 28, from $213 million, or 60 cents per share, a year earlier.

Revenue rose to $9.98 billion from $9.03 billion. (Reporting by Lisa Baertlein in Los Angeles, PJ Huffstutter in Chicago and Yashaswini Swamynathan in Bengaluru; Editing by Maju Samuel)