Sanderson Farms (SAFM) Tops Q2 EPS by 9c, Revenues Miss
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Sanderson Farms, Inc. Reports Results for Second Quarter of Fiscal 2020
May 28, 2020 7:30 AM EDTLAUREL, Miss.--(BUSINESS WIRE)-- Sanderson Farms, Inc. (NASDAQ: SAFM) today reported results for its second fiscal quarter and six months ended April 30, 2020.
Net sales for the second quarter of fiscal 2020 were $844.7 million compared with $845.2 million for the same period a year ago. For the quarter, the Company reported net income of $6.1 million, or $0.28 per share, compared with net income of $40.6 million, or $1.83 per share, for the second quarter of fiscal 2019.
Net sales for the first six months of fiscal 2020 were $1,667.8 million compared with $1,588.6 million for the same... More
