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

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