Tyson Foods lifted its sales guidance for the fiscal year after driving past revenue expectations for the third quarter with higher prices and largely stable volumes.

Tyson Foods Inc. on Monday reported strong sales for its third quarter, despite navigating challenging headwinds in the cattle market.

Tyson Foods raised its annual revenue growth forecast and posted a better-than-expected third quarter on Monday, betting on resilient demand for meat products, especially chicken, sending its shares up about 4%.