Tyson Foods, Inc. (NYSE:TSN) Q2 2024 Earnings Call Transcript

Page 3 of 3

Amy Tu: Thanks for the question, Michael. As Donnie said, we are absolutely focused on delivering the results that are expected of us, so we’re focusing on driving operational efficiencies across our plants, we are focused on improving our conversion costs, we are identifying available–open available capacity. We’re reviewing our SKUs and delivering a more profitable mix of products, and we’re also tightening our spending, so all of these actions are beginning to–we’re beginning to see the results in improved gross margins and AOI delivered.

Michael Lavery: Okay, great. Thanks so much.

Operator: This concludes our question and answer session. I would like to turn the conference back over to the company for any closing remarks.

Donnie King: Thanks for your continued interest in Tyson Foods. We look forward to speaking with you again soon.

Operator: The conference has now concluded. Thank you for attending today’s presentation. You may now disconnect.

Follow Tyson Foods Inc. (NYSE:TSN)

Page 3 of 3