U.S. meatpacker Tyson Foods raised its annual sales forecast on Monday as strong demand for beef and chicken helped it exceed first-quarter results estimates, boosting its shares by 7%. The chicken nuggets and Ball Park hot dogs manufacturer has improved its poultry business after struggling to predict demand and shuttering plants that employed thousands of workers.

Key Takeaways Strong demand for its chicken helped Tyson Foods beat first-quarter profit and sales estimates.Along with chicken, revenue from beef and pork also advanced.Tyson expects full-year sales to be flat to up 1%.

Tyson Food turned in stronger quarterly results than expected as strong margins in its chicken business boosted earnings. Stock in the meat processor gained 6.2% to $59.99 in premarket trading Monday,

U.S. meatpacker Tyson Foods raised its annual sales forecast on Monday as strong demand for beef and chicken helped it exceed first-quarter results estimates, lifting shares 2.3%. The chicken nuggets