EXHIBIT 11
TYSON FOODS, INC.
COMPUTATION OF EARNINGS PER SHARE
(In millions except per share data)
December 30, December 31,
1995 1994
___________ ___________
Primary:
Average common shares outstanding
during the period 144.9 144.2
Net effect of dilutive stock
options based on the treasury
stock method using average
market price .5 .8
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Total common and common equivalent
shares outstanding 145.4 145.0
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Net income $43.3 $52.2
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Earnings per share $0.30 $0.36
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Fully Diluted:
Average common shares outstanding
during the period 144.9 144.2
Net effect of dilutive stock
options based on the treasury
stock method using the quarter-
end market price, if higher
than average market price .8 .8
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Total common and common equivalent
shares outstanding 145.7 145.0
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Net income $43.3 $52.2
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Earnings per share $0.30 $0.36
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