(Reuters) – U.S. meatpacker Tyson Foods Inc beat Wall Street estimates for quarterly revenue on Monday, helped by higher prices for its products.
The Springdale, Arkansas-based company’s sales rose 23.6% to $12.93 billion in the first quarter ended Jan. 1, beating analysts’ average estimate of $12.18 billion, according to IBES data from Refinitiv.
(Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Shinjini Ganguli)