Tyson Foods recasts segment reporting to align with management structure
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Tyson Foods Inc. (NYSE: TSN) filed a Form 8-K to recast previously reported financial information following changes to its segment reporting structure, according to a company statement.
The food company announced in February 2026 that starting in the first quarter of fiscal 2026, it will no longer allocate corporate expenses and amortization to its business segments. The company's Chief Operating Decision Maker no longer uses these items when assessing segment performance and allocating resources.
The revised segment profit measure excludes corporate expenses and amortization. Additionally, Tyson identified International as a reportable segment under the new structure.
Securities and Exchange Commission rules require companies that report accounting changes to recast prior period financial statements when preparing registration statements, proxy statements, or information statements that include historical financial data. The company filed the Form 8-K to recast its audited consolidated financial statements from its 2025 Form 10-K to reflect these segment reporting changes.
Tyson stated that the recast information does not amend or restate the audited consolidated financial statements included in its 2025 Form 10-K. The recast financial information is presented in Exhibit 99.1 of the filing.
The company previously described the segment changes in a Form 8-K and in its Form 10-Q for the quarter ending December 27, 2025, both filed on February 2, 2026.
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