Sanderson Farms (SAFM) Misses Q2 EPS by 1c

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Go back to Sanderson Farms (SAFM) Misses Q2 EPS by 1c

Sanderson Farms, Inc. Reports Results for Second Quarter of Fiscal 2015

May 28, 2015 7:30 AM EDT

LAUREL, Miss.--(BUSINESS WIRE)-- Sanderson Farms, Inc. (NASDAQ: SAFM) today reported results for its second fiscal quarter and six months ended April 30, 2015.

Net sales for the second quarter of fiscal 2015 were $716.6 million compared with $660.7 million for the same period a year ago. For the quarter, net income was $71.2 million, or $3.13 per share, compared with net income of $51.0 million, or $2.21 per share, for the second quarter of fiscal 2014.

Net sales for the first six months of fiscal 2015 were $1,384.0 million compared with $1,245.6 million for the same period of fiscal 2014. Net income for the... More