Home » Tag Archives: net profit

Tag Archives: net profit

Sanderson profits boosted by $37.5 million tax reduction

A 14 percent-point reduction in federal income tax boosted Sanderson Farms Inc.’s first fiscal quarter’s net income by $37.5 million, the Laurel-based poultry processor announced Wednesday after close of the Nasdaq stock market. Thanks to that tax liability reduction, the company reported in a release that net income was $51.2 million, or $2.24 per share, for the quarter compared with ...

Read More »