Consequently, Tyson Foods raised its outlook for adjusted operating income (AOI) for chicken to $700-900m, from the $500-700m provided at the first-quarter results announcement in February.

Shares of Tyson Foods Inc. climbed toward a 15-month high in premarket trading Monday, after the meats company reported a fiscal second-quarter profit that rose well above expectations — the first bottom-line growth in two years — as strength in beef and pork sales offset weakness in chicken.

Demand for chicken and Tyson Foods’ (NYSE:TSN) ability to deliver in a cost-effective manner sent the company’s profits higher despite a slight drop in FQ2 revenue, sending shares of the meat processor were higher into Monday’s open as investors celebrated better-than-expected earnings.

Tyson Foods, the largest U.S. meat supplier, said improving chicken profitability helped offset losses in its beef business as a dwindling U.S. cattle supply continues to create headaches for meat suppliers.

Tyson Foods surpassed Wall Street expectations for second-quarter profit on Monday, as it begins to reap the benefits of shutting some chicken processing plants to reduce costs. Shares of the Springdale,