Tyson posts record earnings for quarter

Tyson Foods has announced record earnings and net income for the first quarter of 2018, following an increase in sales and an increase in cash flows from federal tax reform.

Tyson released its first-quarter earnings report last week that included $1.63 billion in net income, $10.2 billion in sales and $927 million in operating income. The company also posted record operating margins and a $500 million reduction in debt in the first quarter.

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