John R. Tyson
Thank you, Donnie.
year turn financial up year, report benefiting initiatives me our to annual inflationary and offset fourth of the total both We're constraints in cost full the and a performance for in Volumes of for quarter demand. year. pleased to performance. pressuring goods. as record supply from fourth fourth our consumer elevated an fiscal resilient flat for and Let summary quarter quarter first Sales increase up were in overcame relatively were fiscal we pricing environment the company the the to
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efficiency mentioned positive had actions we margin year, our all our improve Donnie, significantly impact a the segments to across which has meaningful by on past during As productivity accelerated profile.
our clearly supports demonstrate Our growth of overall and operating our our year-to-date driving than portfolio objectives strong improving that growing returns faster the shareholders. for results margins market, diverse
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for Looking alternative challenged retail domestic sources next by and and U.S. approximately the compared expensive Pork billion strong quarter as billion respectively, fiscal globally. to to remains were prior pork the and $X.X prices the relatively for X% demand the down year. the segment. Global Sales $X.X up making U.S. X%, dollar, high year, versus
in X.X%, price volume year, of increased decrease For the average offsetting the sales the X.X%.
to these margins driven were year. lesser a extent was margins to by year. operating deterioration overall. and inflationary million in impacting hog next herd expect income and year volumes increasing Segment negatively cut The than headwinds We costs income for fiscal out the costs health operating issues environment, X.X%, pork the constrained impact past a $XXX pork operating respectively, the elevated and compressing
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XX. slide Now turning to
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this investors I'm to turn to let to our incident to from company committed Donnie. with that I'm I'm I the want hear over that, our was as well my directly call want before I'll me seen I issue. as the I address with sure I back this an to This And me. over wanted values your for and Now, embarrassed you've involving employees. incident that the moment apologize you our take questions, have call also for the as again. happens to I guys news I responsibility about inconsistent never sure I know want full my and actions. you an recent a to turn to know to take important just personal Donnie? values. to making