Sanderson Farms (SAFM) Misses Q3 EPS by 69c

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Go back to Sanderson Farms (SAFM) Misses Q3 EPS by 69c

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

August 25, 2015 7:00 AM EDT

LAUREL, Miss.--(BUSINESS WIRE)-- Sanderson Farms, Inc. (NASDAQ: SAFM) today reported results for the third fiscal quarter and nine months ended July 31, 2015.

Net sales for the third quarter of fiscal 2015 were $739.9 million compared with $768.4 million for the same period a year ago. For the quarter, the Company reported net income of $50.9 million, or $2.27 per share, compared with net income of $76.1 million, or $3.30 per share, for the third quarter of fiscal 2014.

Net sales for the first nine months of fiscal 2015 were $2,123.9 million compared with $2,014.0 million for the first nine months of... More