Sanderson Farms (SAFM) Misses Q4 EPS by 13c
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Sanderson Farms, Inc. Reports Results for Fourth Quarter and Fiscal 2015
December 17, 2015 7:30 AM ESTLAUREL, Miss.--(BUSINESS WIRE)-- Sanderson Farms, Inc. (NASDAQ: SAFM) today reported results for the fourth quarter and fiscal year ended October 31, 2015.
Net sales for the fourth quarter of fiscal 2015 were $679.6 million compared with $760.9Â million for the same period a year ago. For the quarter, the company reported net income of $27.4 million, or $1.22 per share, compared with net income of $93.1 million, or $4.04 per share, for the fourth quarter of fiscal 2014.
Net sales for fiscal 2015 were $2.803 billion compared with $2.775 billion for fiscal 2014. Net income for the year totaled $216.0 million, or $9.52 per share, compared... More
