Higher costs pressure Sanderson Farms profit
date:Feb 22, 2013
For the first quarter ended Jan. 31, the company suffered a loss of $6,943,000, which compared with a loss of $7,989,000 during the same quarter of the previous year. Sales for the quarter were $595,760,000, up 15% from $517,826,000 during the same quarter of the previous year.

Our results for the first quarter of fiscal 2013 reflect improving but still challenging conditions for our industry, said Joe F. Sanderson Jr., chairman and chief executive officer. While we experienced higher poultry m
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