|
|
Article: Sanderson Farms, Inc. Reports Results for Third Quarter of Fiscal 2008.(Financial report)
- Article from:
- Agriculture Week
- Article date:
- September 11, 2008
CopyrightCOPYRIGHT 2008 NewsRX. 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)
|
Sanderson Farms, Inc. (NASDAQ: SAFM) reported results for the third fiscal quarter and nine months ended July 31, 2008.
Net sales for the third quarter of fiscal 2008 were $466.9 million compared with $394.8 million for the same period a year ago. For the quarter, the Company reported a net loss of $3.6 million, or $0.18 per diluted share, compared with net income of $30.7 million, or $1.51 per diluted share, for the third quarter of fiscal 2007. The net results for the third quarter of fiscal 2008 include $1.7 million, or $0.09 per share, paid for the settlement of the Company's donning and doffing litigation.
Net sales for the first nine months of ...