Tyson Foods Inc. said Monday it swung to a fourth- quarter profit from a year ago, helped by cost cuts and operating profits in its chicken and beef businesses.
Still, Tyson shares slipped to a new 52-week low on a bleak forecast for fiscal 2008. The world's largest producer of chicken and beef warned it faces $300 million in increased grain costs for its chicken unit and "extremely difficult" conditions in its beef business.
Tyson should just suck it up. Their costs aren't core inflation measures so they don't count at all. What crybabies.
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