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36 ordspråk av John Tyson

John Tyson

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We will have the ability to take advantage of our strengths to service the consolidating food service marketplace. We can take and match our efficiencies and our services to meet a changing landscape.

We simply cannot endorse a decision to complete the transaction under the facts as we understand them today. My decision today was based on what I felt was in the best interest of our Company and its shareholders.

Overall, I am very pleased with the performance of our company in this historically difficult quarter and with the progress we've made on the integration to date,

Our earnings forecast will be steady to slightly higher for fiscal 2003 [than fiscal 2002] despite increased grain prices, more than ample protein supplies and a sluggish economy,

This is a unique opportunity for Tyson foods, the number one company in the chicken category, and the folks at IBP, who are the number one in the beef and pork industry, ... Seldom do you get the chance to put the leaders together in an industry and then move forward.

Unfortunately, it will be impossible to complete the cash tender offer by the 28th, ... IBP continues to work with the SEC to resolve their accounting issues. After that work is complete, we will determine what effect these matters will have on our deal.

Consequently, whether intended or not, we believe Tyson Foods Inc. was inappropriately induced to enter into the Merger Agreement, ... Further, we believe IBP cannot perform under the Merger Agreement.

Unfortunately, it will be impossible to complete the cash tender offer by the 28th. IBP continues to work with the SEC to resolve their accounting issues. After that work is complete, we will determine what effect these matters will have on our deal.

Our chicken segment generated solid results and prepared foods improved, while pork struggled and beef further deteriorated, producing significant operating losses.

Recent declines in international demand for chicken coupled with greater than expected domestic supply will dramatically impact the projected performance of our chicken segment.

We entered fiscal 2006 knowing market conditions would be difficult, especially early in the year. During the first quarter, our chicken segment generated solid results and prepared foods improved, while pork struggled and beef further deteriorated, producing significant operating losses.

Without a doubt, we faced our share of challenges in 2005, but we've also seen strong indicators that show our strategy is working. We're optimistic because we have the right strategy and the right people coming together.

We recognize the importance of being a responsible corporate citizen. This report charts our efforts as we seek to do what's right for all our stakeholders. It describes precisely how we provide safe food to the marketplace, serve as stewards for the animals, land and environment and act as partners in our communities. It also explains how we treat people, including our Team Members, consumers, suppliers and the communities where we live and operate.

We regret the disruption the closings will cause our team members and these two outstanding plant communities, which both have a long history in the meatpacking industry. We've worked hard over the past year to try to keep these plants open and I appreciate everyone's efforts. However, we've concluded we can operate more efficiently by permanently consolidating operations.

We regret the disruption the closings will cause our team members and these two outstanding plant communities, which both have a long history in the meatpacking industry.

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