BUZZ-Tyson Foods up after raising annual sales forecast

Shares of meat packer Tyson Foods TSN.N up ~4% at $59 premarket

Co raises annual sales forecast due to strong demand for beef and chicken products

Expects annual sales to be flat to up 1%, compared with its prior forecast of flat to down 1%

Expects total adj operating income for FY25 to be between $1.9 billion and $2.3 billion vs prior range of $1.8 billion to $2.2 billion

Posts Q1 sales of $13.62 bln vs analysts' estimates of $13.44 bln - data compiled by LSEG

Logs quarterly adj profit of $1.14 per share vs estimates of 88 cents

TSN rose about 7% in 2024