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Article: Sanderson farms has second record-setting year in 2004.(Public Companies)
- Article from:
- The Mississippi Business Journal
- Article date:
- March 28, 2005
- Author:
CopyrightCOPYRIGHT 2005 Dolan Media Company. 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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LAUREL -- Sanderson Farms knows chicken. The processor that began with a single feed store more than 50 years ago had a record fiscal year that ended on October 1 with sales that exceeded $1 billion for the first time in its history.
"It was our second year in a row to report record earnings," said Mike Cockrell, treasurer and chief financial officer. "Share prices performed well in 2004 and were up over 600%. That has reflected our expansion and growth in the industry."
The company expects $1.5 billion in sales this year compared to $500 million ten years ago. Results reported for the first quarter of 2005 are up compared to the same period a year ago.
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... ... Union ALBANY -- Concert pianist Findlay Cockrell was in fine form for his all-Chopin ... what a treasure we have in our midst. Cockrell was raising money with this concert ... Theater by the Franciscan Chamber Players. Cockrell himself will join the chamber orchestra ...
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