Sanderson Farms returns to profitability in quarter
date:Aug 29, 2012
For the quarter ended July 31, the company had income of $28,721,000, equal to $1.25 per share on the common stock, which compared with a loss of $55,683,000 during the same quarter of the previous year. Sales for the quarter were $624,854,000, up 22% from $511,169,000.
Sanderson Farms financial results for the third quarter of fiscal 2012 reflect improved market conditions when compared to last years third quarter, said Joe F. Sanderson Jr., chairman and chief executive officer. Market prices f
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