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Tyson Foods misses sales estimates

Feb 11 (Reuters) - Tyson Foods Inc missed Wall Street estimates for first-quarter sales on Thursday, squeezed by lower demand for the largest U.S. meat processor’s products from restaurants and hotels during the pandemic.

Sales fell to $10.46 billion in the three months ended Jan. 2, from $10.82 billion a year earlier, compared with a Refinitiv IBES estimate of $10.84 billion. (Reporting by Praveen Paramasivam in Bengaluru and Tom Polansek in Chicago; Editing by Sriraj Kalluvila)

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