SEC Comment Letter 0000000000-24-002744 to TYSON FOODS, INC. (TSN) (CIK 0000100493) (TSN)
TYSON FOODS, INC. (TSN) (CIK 0000100493)
Date: March 13, 2024 · CIK: 0000100493 · Accession: 0000000000-24-002744
AI Filing Summary & Sentiment
File numbers found in text: 001-14704
Letter
United States securities and exchange commission logo March 13, 2024 John Tyson Chief Financial Officer Tyson Foods, Inc. 2200 West Don Tyson Parkway Springdale, Arkansas 72762 Re:Tyson Foods, Inc. Form 10-K for the Fiscal Year Ended September 30, 2023 Response Dated March 6th, 2024 File No. 001-14704 Dear John Tyson: We have reviewed your March 6th, 2024 response to our comment letter and have the following comment(s). Please respond to this letter within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe a comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this letter, we may have additional comments. Unless we note otherwise, any references to prior comments are to comments in our February 22, 2024 letter. Response dated March 6th, 2024 Note 17: Segment Reporting, page 79 1.We note your response to comment 2 indicates that "revenues from external customers for each reportable segment are included in the tables displaying disaggregated sales by major distribution channel." Although we acknowledge that investors are able to recalculate each reportable segment's revenues from external customers based on the information provided, it is unclear how the current presentation meets the explicit disclosure requirement of ASC 280-10-50-22(a). As the combined revenue presentation in your table on page 81 is not an ASC 280 disclosure requirement, please revise your presentation in future filings to separately disclose revenues from external customers for each reportable segment. Please contact Charles Eastman at 202-551-3794 or Andrew Blume at 202-551-3254 if you have questions regarding comments on the financial statements and related matters.
FirstName LastNameJohn Tyson Comapany NameTyson Foods, Inc. March 13, 2024 Page 2 FirstName LastName John Tyson Tyson Foods, Inc. March 13, 2024 Page 2 Sincerely, Division of Corporation Finance Office of Manufacturing
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United States securities and exchange commission logo
March 13, 2024
John Tyson
Chief Financial Officer
Tyson Foods, Inc.
2200 West Don Tyson Parkway
Springdale, Arkansas 72762
Re:Tyson Foods, Inc.
Form 10-K for the Fiscal Year Ended September 30, 2023
Response Dated March 6th, 2024
File No. 001-14704
Dear John Tyson:
We have reviewed your March 6th, 2024 response to our comment letter and have the
following comment(s).
Please respond to this letter within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe a
comment applies to your facts and circumstances, please tell us why in your response.
After reviewing your response to this letter, we may have additional comments. Unless
we note otherwise, any references to prior comments are to comments in our February 22,
2024 letter.
Response dated March 6th, 2024
Note 17: Segment Reporting, page 79
1.We note your response to comment 2 indicates that "revenues from external customers for
each reportable segment are included in the tables displaying disaggregated sales by major
distribution channel." Although we acknowledge that investors are able to recalculate each
reportable segment's revenues from external customers based on the information provided,
it is unclear how the current presentation meets the explicit disclosure requirement of ASC
280-10-50-22(a). As the combined revenue presentation in your table on page 81 is not an
ASC 280 disclosure requirement, please revise your presentation in future filings to
separately disclose revenues from external customers for each reportable segment.
Please contact Charles Eastman at 202-551-3794 or Andrew Blume at 202-551-3254 if
you have questions regarding comments on the financial statements and related matters.
FirstName LastNameJohn Tyson
Comapany NameTyson Foods, Inc.
March 13, 2024 Page 2
FirstName LastName
John Tyson
Tyson Foods, Inc.
March 13, 2024
Page 2
Sincerely,
Division of Corporation Finance
Office of Manufacturing