The Pork segment came in just below its range for the first time in 10 quarters, with a 5.1% return on sales. Beef was just under its range, with a 2% return. Considering the challenges Beef and Pork faced in the third quarter, I'm pleased they were able to produce as well as they did.And due to those challenges, along with softer demand and economic conditions, earnings for the year will come in lower than we'd previously projected. But I'll hurry on to say that 2012 will still be a strong year and fourth quarter earnings should be within the range of results reported in the first 3 quarters.
Tyson Foods Management Discusses Q3 2012 Results - Earnings Call Transcript
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