On Friday, the beef and poultry giant Tyson Foods posted a record-breaking earnings reported for the first-quarter, mainly on the back of much-stronger-than-expected chicken sales.

Overall, earnings for the period came to $160 Million, or 42 cents a share, during the quarter, a substantial improvement when compared to the previous year's loss of $102 Million, or 27 cents per share.

Revenue, on the other hand, also managed to rise by 1.7% to $6.64 Billion.

The actual numbers have beaten the estimates pegged by analysts who were expecting earnings of 18 cents a share in revenue of $6.58 Billion.

"Beef, pork and prepared foods continued to execute well, and chicken began to show the improvement we've been working toward for more than a year", said CEO Donnie Smith.

Chicken sales volumes, during the quarter, surged by 5.6%, while average prices hiked by 2.8%.

Shares of Tyson gained 5.7% in the most recent trading session on back of the successful first-quarter figures.