Tyson Reports Fourth Quarter EPS of $.64

Tyson Foods, Inc. TSN, today reported the following results:

• 4th quarter 2010 EPS was $0.57 compared to $(1.23) last year, or $0.64 compared to $0.27 when excluding goodwill impairment charges.

• Goodwill impairment charges were $29 million ($0.07 per share) in Q4'10 and $560 million ($1.50 per share) in Q4'09

• Overall operating margin was 5.3% in the 4th quarter 2010:

• Chicken operating income $141 million, or 5.4% of sales, or 6.5% when excluding $29 million goodwill impairment charge

• Beef operating income $121 million, or 4.0% of sales

• Pork operating income $125 million, or 9.9% of sales

• Prepared Foods operating income $10 million, or 1.3% of sales