Text Resize
Print
Email
Subsribe to RSS Feed

Wednesday May 14, 2025

Finance News

Finances
 

Tyson Posts Quarterly Results

Tyson Foods, Inc. (TSN) released its second quarter earnings report on Monday, May 5. The company reported lower than expected sales, causing its stock to trade down 9% following the release of the report.

Tyson posted revenue of $13.07 billion for the quarter, unchanged from revenue reported in the same quarter last year. Second quarter revenue was below the $13.14 billion that analysts expected.

“We delivered another solid quarter with growth in both sales and adjusted operating income, driven by strong execution across the business,” said Tyson Foods CEO, Donnie King. “Our consistent focus on operational excellence, winning with customer and consumers, leveraging data and digital, and enhancing our financial strength has resulted in four consecutive quarters of year-over-year improvements in our top and adjusted bottom lines. Looking ahead, our diversified multi-channel, multi-protein portfolio positions us well to capitalize on consumer demand for high-quality protein and deliver continued value to our shareholders.”

For the second quarter, the company posted net income of $7 million or $0.02 per adjusted share. This is a significant decrease from net income of $145 million or $0.41 per adjusted share this time last year.

The Arkansas-based food company includes brands such as Jimmy Dean, Hillshire Farm and Ball Park. The company experienced a sales volume decrease in most of its segments: 1.4% in Beef, 3.8% in Pork, 2.6% in Prepared Foods and 1.5% in International Sales. The company, however, had an increase of 3% in its Chicken segment. Operating income increased 6.3% in Chicken and 10.2% in Prepared Foods while decreasing 5% and 15.7% in Beef and Pork, respectively. Tyson maintained its fiscal 2025 guidance and expects adjusted operating income to be between $1.9 and $2.3 billion and revenue to be flat to up 1%.

Tyson Foods, Inc. (TSN) shares ended the week at $55.30, down 4% for the week.

Rivian Drives Up Earnings

Rivian Automotive, Inc. (RIVN) posted its first quarter earnings report on Tuesday, May 6. While the electric automotive company reported better-than-expected quarterly results, its stock remained largely unchanged.

Rivian reported revenue of $1.24 billion for the quarter, up from the $1.20 billion reported during the same quarter last year. Quarterly revenue exceeded analysts’ expectations of $1.01 billion.

“This quarter we hit our second consecutive gross profit and our highest gross profit to date at $206 million.” said Rivian CEO, RJ Scaringe. “We have continued to make significant progress on R2, including vehicle validation builds underway and our Normal, Illinois manufacturing facility expansion [sic] on track.”

The company posted net losses of $541 million or $0.48 per adjusted share for the quarter. This was an improvement compared to net losses of $1.45 billion or $1.48 per adjusted share during the same quarter last year.

The California-based electric vehicle manufacturer announced that it produced 14,611 EVs and delivered 8,640 vehicles during the first quarter. Rivian announced it completed over 36,000 demo drives during the first quarter, setting a record for the highest number of drives in a quarter to date. The company also announced a $1 billion investment from Volkswagen Group, following the formation of their joint venture to be funded on June 30, 2025. Rivian updated its full-year guidance and plans to deliver 40,000 to 46,000 vehicles by the end of 2025.

Rivian Automotive Inc. (RIVN) shares ended the week at $14.26, up 4% for the week.

Disney Releases Earnings

The Walt Disney Company (DIS) reported its second quarter earnings report on Wednesday, May 7. The entertainment company’s stock rose by over 10% following the release of the report.

Revenue for the second quarter was $23.62 billion. This was up 7% from $22.08 billion in revenue last year at this time. This was slightly ahead of analysts’ expectations of $23.05 billion.

“Our outstanding performance this quarter—with adjusted EPS up 20% from the prior year driven by our Entertainment and Experiences businesses—underscores our continued success building for growth and executing across our strategic priorities,” said Disney CEO, Robert A. Iger. “Following an excellent first half of the fiscal year, we have a lot more to look forward to, including our upcoming theatrical slate, the launch of ESPN’s new DTC offering, and an unprecedented number of expansion projects underway in our Experiences segment.”

Disney posted net income of $3.28 billion for the quarter or $1.81 per adjusted share. Last year at this time, the company reported a net loss of $20 million or $0.01 per adjusted share.

The company’s Experiences segment posted revenue of $8.89 billion, a 6% increase from $8.39 billion one year ago. Within the Experiences segment, domestic Parks and Experiences revenue rose to $6.50 billion, while international revenue declined by 5% to $1.44 billion. Operating income for Disney’s Entertainment segment rose to $1.3 billion, marking a 61% increase from $781 million one year ago. Disney attributes the increase in operating income to improved results from Direct-to-Consumer, Content Sales and Licensing subsegments among others. For full fiscal year 2025, Disney expects adjusted earnings per share to be $5.75, up 16% over fiscal 2024 and double-digit percentage growth in its Entertainment segment.

The Walt Disney Company (DIS) shares ended the week at $105.94, up 18% for the week.

The Dow started the week of 5/5 at 41,173 and closed at 41,249. The S&P 500 started the week at 5,655 and closed at 5,660. The NASDAQ started the week at 17,817 and closed at 17,929.

 

Treasury Yields Fluctuate

U.S. Treasury yields varied throughout the week as investors looked ahead to the Federal Reserve’s policy update on interest rates. Yields trended higher at the end of the week as the latest jobs data showed a resilient labor market.

On Wednesday, the Federal Reserve announced its latest monetary policy decision following the conclusion of the Federal Open Market Committee (FOMC) meeting. At the meeting, policy makers agreed to hold the benchmark rate steady at a range of between 4.25% to 4.50%. Members signaled caution about a potential spike in inflation and are adopting a “wait-and-see” strategy.

“We are comfortable with our policy stance,” said Federal Reserve Chairman, Jerome Powell. “We think right now the appropriate thing to do is to wait and see how things evolve. There is so much uncertainty.”

The benchmark 10-year Treasury note yield opened the week of May 5 at 4.31% and traded as high as 4.40% on Thursday. The 30-year Treasury bond opened the week at 4.79% and traded as high as 4.86% on Thursday.

On Thursday, the U.S. Department of Labor reported that initial claims for unemployment decreased by 13,000 to 228,000 for the week ending May 3. This came below economists’ expectations of 230,000. Continuing claims fell by 29,000 to 1.88 million.

“We believe firms have been ‘hoarding’ workers to ensure that they do not lay off skilled and trained workers by mistake, especially with the labor market still very close to full employment,” said chief economist at High Frequency Economics, Carl Weinberg. “With uncertainty still high, even after the GDP report, companies are still sitting on the fence about layoffs.”

The 10-year Treasury note yield finished the week of May 5 at 4.39% while the 30-year Treasury note yield finished the week at 4.84%.

 

30-Year Mortgage Rate Unchanged

Freddie Mac released its latest Primary Mortgage Market Survey on Thursday, May 8. While 30-year mortgage rate held steady, 15-year rate edged slightly lower.

This week, the 30-year fixed mortgage rate averaged 6.76%, unchanged from last week’s average. Last year at this time, the 30-year fixed mortgage rate averaged 7.09%.

The 15-year fixed mortgage rate averaged 5.89% this week, down from last week’s average of 5.92%. During the same week last year, the 15-year fixed mortgage rate averaged 6.38%.

“Mortgage rates stayed flat this week,” said chief economist at Freddie Mac, Sam Khater. “At this time last year, the 30-year fixed-rate mortgage was 30 basis points higher and purchase applications were declining. Today, rates are lower and have remained stable for weeks, sparking continued increases in purchase applications.”

Based on published national averages, the savings rate was 0.41% as of 4/21. The one-year CD averaged 1.77%.

Editor’s Note: The publicly available financial information is offered as a helpful and informative service to our friends. This article is not an endorsement of any company, product or service.


Published May 9, 2025
Print
Email
Subsribe to RSS Feed

Previous Articles

Domino's Pizza Serves Up Earnings

Tesla Announces Earnings Report

Goldman Sachs Reports Earnings

Dave & Buster's Releases Earnings Report

Conagra Brands Reports Quarterly Results

scriptsknown
  • Bequests
    Bequests
    Joe and Anna have been faithful supporters of our organization. They believe it is important to help further our mission.
    More
  • Using a Beneficiary Designation to Make a Gift to Charity
    Using a Beneficiary Designation to Make a Gift to Charity
    Joanne and her late husband Hal had been longtime supporters of our organization. Recently, Joanne's children encouraged...
    More
  • Fixed Income for Retirement
    Fixed Income for Retirement
    After working for decades as a pediatrician in a small town, Patricia is ready to retire.
    More
  • Tax-Free Sale
    Tax-Free Sale
    Howard and Lynn were both age 55 when they purchased some vacant land a few miles outside of town. They thought real estate would be a good investment that could be sold later for a profit.
    More
  • Capital Gains Tax Bypassed
    Capital Gains Tax Bypassed
    Peter and Gail were nearing retirement. Over the years, with the help of their financial advisor, they made solid investments in securities and built a sizable portfolio.
    More
  • Peace of Mind Gift Annuity
    Peace of Mind Gift Annuity
    Many years ago, Clara bought a home. Since she was very pleased with her home, she bought stock in the company that built the home.
    More
  • Endowment Gift
    Endowment Gift
    Pat and Shelly were recently married. They both had been dedicated volunteers at their favorite charity for many years.
    More
  • Sale and Unitrust
    Sale and Unitrust
    Gene and Carol purchased stock in a small medical service company several years ago. The company has done well.
    More
  • The Retirement Unitrust
    The Retirement Unitrust
    Mary grew up on a farm. When her parents passed away, she and her husband Bill inherited the farm.
    More
  • Property Turns Into Income
    Property Turns Into Income
    Miranda lived in the family home where she and her spouse had raised their three children. After her spouse passed away, Miranda found it increasingly difficult to care for her property.
    More
  • Flexible Deferred Gift Annuity
    Flexible Deferred Gift Annuity
    Luis is a 54-year-old executive at a large healthcare company. He purchased company stock during years when the stock price was low, and now the stock has grown substantially in value.
    More
  • Part Gift and Part Sale
    Part Gift and Part Sale
    Susan and Kevin bought a vacant lot along Lake Michigan many years ago. They had planned to build a second home so that their family could spend their summers along the lake.
    More
  • Current Gifts
    Current Gifts
    As is the case with many families, there are times each year when Jim and Sharon focus their attention on gift giving.
    More
  • Gift of a Bank Account When No Longer Needed (POD)
    Gift of a Bank Account When No Longer Needed (POD)
    Keith has been a faithful supporter of The Marfan Foundation and makes regular gifts to support our work.
    More
  • Transferable on Death (TOD) Gifts
    Transferable on Death (TOD) Gifts
    Harold and Jeanne married after meeting at an event The Marfan Foundation held for our donors. They wanted to leave a legacy gift...
    More
  • A Bequest to Further Good Work
    A Bequest to Further Good Work
    Nancy and David were dedicated volunteers. Over the years, they had seen many individuals helped by the good work of their favorite charity.
    More
  • Deferred Gift Annuity
    Deferred Gift Annuity
    Several years ago, Larry and Allison invested $30,000 in what they believed to be an attractive stock.
    More
  • What Will You Do with Your Unspent Retirement Savings?
    What Will You Do with Your Unspent Retirement Savings?
    Michael and Kelly were retired engineers with two adult children. They owned a home, some stocks, and IRAs.
    More
  • Gift Annuity for Real Estate
    Gift Annuity for Real Estate
    Jonathan purchased his home many years ago for $80,000. The home is now worth $420,000. Jonathan wants to sell his home and buy a condo for $130,000.
    More
  • A Bequest to Save Taxes
    A Bequest to Save Taxes
    Thomas was a widower who had a great love for our organization. As an individual who had directly benefited from our work, Thomas wanted to thank us with a gift from his estate.
    More
  • Leading for the Future
    Leading for the Future
    Luke and Cynthia spent many years volunteering and supporting their favorite charity. They wanted to give back in a way that would help fulfill its mission.
    More
  • Give it Twice Trust
    Give it Twice Trust
    While visiting her favorite charity's website, June came across the idea of a give it twice trust. She contacted the charity for more information.
    More
  • Providing for Our Children's Future
    Providing for Our Children's Future
    Ron and Kathy worked for many years building their nest egg for retirement.
    More
  • Bequest of Insurance
    Bequest of Insurance
    Marla and Wayne purchased a life insurance policy many years ago to create security for their children's future.
    More
  • Testamentary Charitable Remainder Unitrust: Have Your Cake and Eat it Too!
    Testamentary Charitable Remainder Unitrust: Have Your Cake and Eat it Too!
    We have all heard the saying "You can't have your cake and eat it too." This phrase describes a situation where we want two good things at the same time when that isn't possible.
    More