Tyson Foods Raises Annual Sales Forecast on Higher Prices

Tyson Chicken Nuggets, owned by Tyson Foods, are seen for sale in Queens, N.Y., on Nov. 16, 2021. Andrew Kelly/Reuters

Tyson Foods Inc. raised its full-year sales outlook on Monday after soaring meat prices helped the U.S. processor beat quarterly revenue and earnings estimates.

Shares jumped about 2 percent in premarket trading.