Sanderson Farms (SAFM) Tops Q2 EPS by 39c, Revenues Beat

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Go back to Sanderson Farms (SAFM) Tops Q2 EPS by 39c, Revenues Beat

Sanderson Farms, Inc. Reports Results for Second Quarter of Fiscal 2019

May 30, 2019 7:30 AM EDT

LAUREL, Miss.--(BUSINESS WIRE)-- Sanderson Farms, Inc. (NASDAQ: SAFM) today reported resultsfor its second fiscal quarter and six months ended April30,2019.

Net sales for the second quarter of fiscal 2019 were $845.2 million compared with $813.5million for the same period a year ago. For the quarter, net income was $40.6 million, or $1.83 pershare, compared with net income of $41.9 million, or $1.84 per share, forthe second quarter of fiscal 2018.

Net sales for the first six months of fiscal 2019 were $1,588.6 million compared with $1,585.4 million for the same period of fiscal 2018. Net income... More