Sanderson Farms, Inc. Reports Results for Fourth Quarter and Fiscal 2019
Sanderson Farms, Inc. today reported results for the fourth quarter and fiscal year ended October 31, 2019.
Net sales for the fourth quarter of fiscal 2019 were $906.5 million compared with $798.1 million for the same period a year ago. For the quarter, the Company reported a net loss of $22.9 million, or $1.05 per share, compared with a net loss of $ 43.2 million, or $1.95 per share, for the fourth quarter of fiscal 2018.
Net sales for fiscal 2019 were $3.440 billion compared with $3.236 billion for fiscal 2018. Net income for the fiscal year totaled $53.3 million, or $2.41 per share, compared with...
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