Net income attributable to Tyson Foods was $258 million in the fourth quarter of fiscal 2015, an increase of more than 88 percent from a year earlier, the Springdale-based company announced Monday.
Net income per share was $0.63, up from $0.35 in 2014's fourth quarter.
For the full year, Tyson increased net income more than 41 percent from $864 million to $1.2 billion, according to results released Monday. Tyson in August 2014 acquired Hillshire Brands Co.
In a statement, Tyson president and CEO Donnie Smith credited the strength of the company's many brands for increasing sales "in less than optimum conditions, all while successfully merging two large companies."
While shipments of pork and beef stagnated in fiscal 2015, according to the results, the combined company made up for losses by increasing sales of prepared foods by 70 percent over the previous year.
The company will hold a conference call for investors Monday at 8 a.m. that can be accessed by dialing (888) 455-8283 and using the passcode "Tyson Foods."
See Tuesday's Arkansas Democrat-Gazette for full details.