Sanderson Farms (SAFM) Tops Q3 EPS by 31c, Sales Miss
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Sanderson Farms, Inc. Reports Results for Third Quarter of Fiscal 2016
August 25, 2016 7:30 AM EDTLAUREL, Miss.--(BUSINESS WIRE)-- Sanderson Farms, Inc. (NASDAQ: SAFM) today reported results for the third fiscal quarter and nine months ended July 31, 2016.
Net sales for the third quarter of fiscal 2016 were $728.0 million compared with $739.9 million for the same period a year ago. For the quarter, the Company reported net income of $54.7 million, or $2.42 per share, compared with net income of $50.9 million, or $2.27 per share, for the third quarter of fiscal 2015.
Net sales for the first nine months of fiscal 2016 were $2,025.2 million compared with $2,123.9 million for the first nine months of... More
