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Tag Archives: sales

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 ...

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Cal-Maine reports increased 1Q sales, net income

JACKSON — Cal-Maine Foods Inc. (NASDAQ: CALM) has released its financial results for the first quarter of fiscal 2015 ended Aug. 30, 2014. Net sales were $356.9 million, an increase of 12 percent compared with net sales of $319.5 million for the first quarter of fiscal 2014. The egg company reported net income of $27.7 million, or $1.15 per basic share and $1.14 per diluted ...

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Fitch gives Mississippi Power a negative outlook due to Kemper plant

GULFPORT — Fitch Ratings has affirmed the issuer default rating (IDR) and security ratings for Southern Company, and has affirmed the IDRs and debt ratings for Southern Company’s subsidiaries. The rating outlook for all of the subsidiaries is stable, except for Mississippi Power, which remains negative. Fitch wrote: “The key near-term uncertainty at Mississippi Power remains the execution risk associated ...

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