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Article: Sanderson Farms reports third quarter results.
- Article from:
- The Mississippi Business Journal
- Article date:
- September 16, 1991
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Copyright informationCOPYRIGHT 1991 Venture Publications. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Sanderson Farms reports third quarter results
Sanderson Farms on August 28 reported results for the third quarter and nine months ended July 31, 1991. For the quarter, net sales increased 4 percent to $49,503,000 compared with $47,729,000 for the third quarter of 1990. Net income was $2,092,000, or $.23 per share, compared with $3,313,000, or $.36 per share, in the same period last year.
For the first nine months of 1991, net sales totaled $134,531,000 compared with $131,368,000 for the first three quarters of 1990. Net income amounted to $4,494,000, or $.50 per share, compared with $6,840,000, or $.75 per share, for the comparable period a year ago.
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