Sanderson Farms (SAFM) Tops Q3 EPS by $1.01

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Sanderson Farms, Inc. Reports Results for Third Quarter of Fiscal 2021

August 26, 2021 7:30 AM EDT

LAUREL, Miss.--(BUSINESS WIRE)-- Sanderson Farms, Inc. (NASDAQ: SAFM) today reported results for the third fiscal quarter and nine months ended July 31, 2021.

Net sales for the third quarter of fiscal 2021 were $1,352.8 million compared with $956.5 million for the same period a year ago. For the quarter, the Company reported net income of $164.8 million, or $7.38 per share, compared with net income of $32.8 million, or $1.48 per share, for the third quarter of fiscal 2020.

Net sales for the first nine months of fiscal 2021 were $3,395.9 million compared with $2,624.2 million for the first nine... More