Tyson Foods CEO (TSN) is doubling down on efficiency as the company faces an ongoing challenging macro environment.

The meat-processing giant announced on Monday plans to close four more facilities, following third quarter results that missed Wall Street estimates.

In an exclusive interview, Tyson Foods CEO Donnie King told Yahoo Finance that there has never been “a more challenging time” in his 40 years in the business. “The macro environment is challenging, and it’ll continue to be challenging for a bit,” King added.

Tyson plans to shutter three chicken-processing locations in October of this year, including facilities located in North Little Rock, Ark.; Noel, Mo; and Dexter, Mo. The fourth location — in Corydon, Ind. — will close on or around March 1, 2024…Source – Read More!

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