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

All access premium subscription

This content requires a subscription to Feedstuffs in order to access. If you are a paid subscriber, use your email and password to Log In now.


Current Feedstuffs Subscribers: Online and mobile access are now included at no charge to you. To read this article, use your subscriber email and password to log-in to your account (or contact us for assistance in updating your account.)


Not Currently a Subscriber: Subscribe NOW to Feedstuffs and receive our print and/or digital publications, enewsletters and premium online content. Visit Feedstuffs.com and click on Subscribe at the top of the page for more information.


SUBSCRIBE NOW https://circulation.feedstuffs.com/Publications.aspx


TO RENEW YOUR SUBSCRIPTION https://circulation.feedstuffs.com/SubscriptionOffers.aspx


Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish