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%.

Shares of meat products company Tyson Foods Inc. ($TSN) rose more than 2% on Monday after the company beat estimates for its first quarter, lifting retail sentiment. Strong demand for beef and chicken helped Tyson Foods post a revenue rise of 2.

Tyson Foods raised its annual sales forecast as strong demand for beef and chicken helped it exceed first-quarter results estimates.