Reuters Tyson Foods shares suffered their worst oneday decline in a year on Monday after the U.S. meatpacker warned that consumers are under pressure from persistent inflation and high commodity costs could weigh on upcoming results.

The Arkansasbased meatpacker reported secondquarter sales that fell short of analysts39; estimates, though profits surpassed expectations.

Thirdquarter results could be weaker than the fourth quarter due to performance in Tyson39;s pork and prepared foods divisions, CEO Donnie King said on a conference call. Shares ended down 5.7 after tumbling earlier by more than 9.

The outlook was viewed as a disappointment, said Arun Sundaram, analyst with CFRA Research, adding the third quarter is typically the strongest from a seasonal perspective.

High commodity costs could weigh on thirdquarter results in prepared foods, said Melanie Boulden, the unit39;s president. She added that inflation is pressuring consumers, particularly lowerincome households, at retail stores and foodservice outlets.

Uncertainties remain around consumer strength and behavior, Chief Financial Officer John R. Tyson said.

He later sought to calm investor concerns over the third quarter as shares sank, saying executives don39;t want anyone to overread into that. Following the call, the company said it does not issue quarterly guidance.

Tyson has shuttered six U.S. chicken plants since the start of 2023, eliminated corporate employees and announced plans to close a pork…