Sanderson Farms (SAFM) Tops Q3 EPS by 53c
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Sanderson Farms, Inc. Reports Results for Third Quarter of Fiscal 2020
August 27, 2020 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, 2020.
Net sales for the third quarter of fiscal 2020 were $956.5 million compared with $945.2 million for the same period a year ago. For the quarter, the Company reported net income of $32.8 million, or $1.48 per share, compared with net income of $53.4 million, or $2.41 per share, for the third quarter of fiscal 2019.
Net sales for the first nine months of fiscal 2020 were $2,624.2 million compared with $2,533.8 million for the first nine... More
