Sanderson Farms sees profitable third quarter
by Associated Press Published: August 28,2012
Tags: agriculture, Chicken, food, income, loss, manufacture, manufacturer, manufacturing, market, poultry, price, proccessing, proccessor, publicly traded company, revenue
LAUREL — Sanderson Farms Inc. reported net income of $28.7 million for its fiscal third quarter, a turnaround from a loss a year ago, as improved market conditions boosted revenue 22 percent. The results beat Wall Street expectations, and its shares jumped almost 6 percent in premarket trading. The Laurel, Miss.-based chicken producer cautioned that [...] [...]
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