Question
tyson food Firm's Planned Capital Expenditures for next Fiscal Year If the budgeted amount for capital expenditures (capex) is known and material, firms are required
tyson food Firm's Planned Capital Expenditures for next Fiscal Year
If the budgeted amount for capital expenditures (capex) is known and material, firms are required to provide it in their MD&A. Most firms do provide this information. Increases in capex (for example, compared to prior years' actual capex, from the cash flow statement) is usually considered a "bullish" signal.
Source
10-K for year ended 1/28/22, Item 7:
Summary
- Planned capex is $2.0 billion.
- 10% for new stores, new corporate, and international; 20% strategic initiatives; 70% existing store improvements
For 2022, our capital expenditures forecast is approximately $2.0 billion. The following table provides the allocation of our fiscal 2022 capital expenditures forecast:
2022 | |||
Existing store investments | 70 | % | |
Strategic initiatives | 20 | % | |
New stores, new corporate facilities and international | 10 | % |
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