The good news is that we think Tyson is at a low point in its earnings cycle.
More Quotes from John McMillin:
People see a changed company. It's one of those situations where change increases the risk of the company. Now that they have diversity, you have greater growth potential, but you also have concern as they get into new businesses.John McMillin
I wouldn't look for a shotgun wedding. I'd look for a number that can settle the situation,
John McMillin
Volume growth for the year is targeted at 3 percent. It seems to me they're fine-tuning volume expectations a bit.
John McMillin
IBP wants to disappear as it becomes a stronger company over the next several years with a much more focused brand, ... But again, seeing the takeout price lower than IBP's 52-week high is not satisfying.
John McMillin
They've had their franchise, particularly domestically, eroded in the last decade by the value sector. I think now they're going on the offensive. While this will hurt earnings, I think it's the right thing to do.
John McMillin
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