Lower market prices pressure Sanderson results

Lower market prices pressure Sanderson results

SANDERSON Farms Inc. reported lower net sales of $739.9 million for its 2015 third quarter ended July 31, compared with $768.4 million for the same period a year ago (Table).

Net income also was lower, at $50.9 million, or $2.27 per share, compared to net income of $76.1 million, or $3.30 per share, during the third quarter of fiscal 2014.

Net sales for the first nine months of fiscal 2015 were $2.124 billion, compared with

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