Tyson Foods Gains, Elf Beauty Sinks, Monday.com Falls After Narrowing Forecast
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Show Notes
On this episode of Stock Movers:
- Tyson Foods (TSN) shares gain after the company said it expects results for next year to be little changed as its beef segment continues to lose money. The company sees adjusted operating income of $2.1 billion to $2.3 billion for fiscal 2026, with the beef segment expected to see an adjusted operating loss of $400 million to $600 million next year.
- Elf Beauty (ELF) shares sink after after the cosmetics company’s full-year outlooks for adjusted earnings per share and net sales both missed analysts’ estimates. While analysts are positive about sales growth at newly-acquired Rhode, Hailey Bieber’s beauty and skincare brand, they flag weakness in the company’s namesake products.
- Monday.com (MNDY) shares fall after the software company narrowed its full-year revenue forecast. It also reported its third-quarter results.
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