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I looked up Tyson Chicken's profits: https://www.macrotrends.net/stocks/charts/TSN/tyson-foods/gross-profit https://www.macrotrends.net/stocks/charts/TSN/tyson
by treis 2y ago
I looked up Tyson Chicken's profits:
https://www.macrotrends.net/stocks/charts/TSN/tyson-foods/gross-profit https://www.macrotrends.net/stocks/charts/TSN/tyson-foods/gr...
They had a phenomenal second half of 2021 but it quickly came down to below their average.
Food inflation in general follows the same pattern. Big spike around covid and then settling back down to historical averages:
https://tradingeconomics.com/united-states/food-inflation https://tradingeconomics.com/united-states/food-inflation
There's huge corporations on both sides of these deals. Tyson Chicken has a 22% market share and Walmart has a 23% share of the grocery market. Practically neither is going to be able to bully the other. The little guy? To some extent sure, but distributors exist too and Sysco probably isn't getting bullied around either.
- s1artibartfast 2y agoTheir 10 year profits are flat, which is actually a decrease if you account for inflation.