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Sanderson Farms Inc (SAFM.OQ)

SAFM.OQ on NASDAQ Stock Exchange Global Select Market

165.92USD
11 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Sanderson Farms reports Q3 EPS $5.09
Thursday, 24 Aug 2017 07:30am EDT 

Aug 24 (Reuters) - Sanderson Farms Inc :Qtrly earnings per share $5.09.Q3 earnings per share view $4.49 -- Thomson Reuters I/B/E/S.  Full Article

Sanderson Farms comments on complaint filed in California
Friday, 23 Jun 2017 01:30pm EDT 

June 23 (Reuters) - Sanderson Farms Inc ::Sanderson Farms comments on California complaint.The three non-profit corporations seek, among other things, an order enjoining co from continuing its "100% natural" marketing program.Does not administer antibiotics, other chemicals, pesticides, "other pharmaceuticals" listed in complaint to its flocks, with 1 exception.Co's veterinarians, on rare occasions, prescribe penicillin to treat sick poultry flocks; medicines given in accordance with FDA guidance.To continue marketing, advertising campaign regarding use of FDA-approved medicines to treat sick chickens.  Full Article

Sanderson Farms reports Q2 earnings per share $2.94
Thursday, 25 May 2017 07:30am EDT 

May 25 (Reuters) - Sanderson Farms Inc :Reports results for second quarter of fiscal 2017.Q2 earnings per share $2.94.Q2 sales $802 million versus i/b/e/s view $773.7 million.Q2 earnings per share view $2.72 -- Thomson Reuters I/B/E/S.Sanderson Farms Inc says overall market prices for poultry products were higher during q2 compared with same period last year.Sanderson Farms Inc says compared with second fiscal quarter of 2016, boneless breast meat market prices were approximately 9.1 percent higher in quarter.Sanderson Farms Inc says "looking ahead to second half of fiscal year, we continue to expect grain prices to remain relatively benign".Sanderson Farms Inc says "with respect to production numbers, 2017 breeder placements have been relatively flat with 2016 placements".Sanderson Farms Inc says expect production during third and fourth fiscal quarters of 2017 to be up 13.6 percent and 11.7 percent, respectively.  Full Article

Sanderson Farms announces new credit agreement
Friday, 28 Apr 2017 01:05pm EDT 

April 28 (Reuters) - Sanderson Farms Inc ::Sanderson Farms, Inc. announces new credit agreement.Says approved an agreement, effective April 28, 2017, for a new $900 million revolving credit facility through a consortium of banks.New $900 million revolving credit facility through a consortium of banks.New facility replaces company's existing $750 million facility, which was terminated.Says termination date of new facility will be April 28, 2022.  Full Article

Sanderson Farms enters production agreement with House of Raeford Farms
Monday, 17 Apr 2017 11:00am EDT 

April 17 (Reuters) - Sanderson Farms Inc ::Sanderson Farms Inc announces production agreement with House of Raeford Farms.Sanderson Farms will purchase, process and sell chickens grown by House of Raeford Farms through mid-December 2017.Sanderson Farms may elect, under terms of agreement, to process chickens on a fee basis rather than purchasing them.Estimates additional volume of processed pounds from arrangement for St. Pauls processing plant will be 20.4 million pounds in Q3 2017.Sees additional volume of processed pounds arrangement will generate for St. Pauls processing plant will be 26.3 million pounds in Q4 2017.Sees additional volume of processed pounds arrangement will generate for St. Pauls processing plant will be 12.4 million pounds during Q1, 2018.  Full Article

Sanderson Farms says received antitrust civil investigative demand from office of Attorney General, Department of Legal Affairs, Florida
Wednesday, 22 Feb 2017 05:14pm EST 

Sanderson Farms Inc : Sanderson Farms says on Feb 21, received antitrust civil investigative demand from office of Attorney General, Department of Legal Affairs, Florida . Sanderson Farms Inc says investigative demand seeks information related to Georgia Dock Index - SEC filing .Sanderson Farms says investigative demand also seeks information on poultry, poultry products published by Georgia Department of Agriculture.  Full Article

Sanderson Farms, units named defendants in putative class action lawsuit
Thursday, 2 Feb 2017 05:29pm EST 

Sanderson Farms Inc : Sanderson Farms-co, units named defendants with 4 other poultry producers, certain of their affiliated cos in putative class action lawsuit - SEC filing . Sanderson Farms Inc - complaint alleges that defendants "unlawfully" shared data on compensation paid to broiler farmers - SEC filing .Sanderson Farms - complaint also alleges defendants to not solicit or hire broiler farmers who were providing services to other defendants.  Full Article

Sanderson Farms Inc says CEO Joe Sanderson's FY 2016 compensation $3.81 mln
Thursday, 12 Jan 2017 06:05am EST 

Sanderson Farms Inc :Sanderson farms inc - CEO Joe Sanderson's FY 2016 total compensation $3.81 million versus $5.97 million in FY 2015 - sec filing.  Full Article

Sanderson Farms comments on Georgia Department of Agriculture's suspension of Georgia Dock Price
Wednesday, 21 Dec 2016 01:30pm EST 

Sanderson Farms Inc - : Sanderson Farms Inc - Comments on Georgia Department of Agriculture's suspension of Georgia Dock Price . Sanderson Farms -Priced portion of co's production from its tray pack plants based on formulas that used Georgia Dock Whole Bird Price as its base . Sanderson farms -For interim period until new benchmark is established, co, customers agreed on pricing formula that is similar to what is already in place .Sanderson Farms says have had positive conversations with customers and do not expect suspension of Georgia Dock Price to affect business.  Full Article

Sanderson Farms posts qtrly earnings of $3.36/share
Thursday, 15 Dec 2016 08:37am EST 

Sanderson Farms Inc: Sanderson Farms Inc - qtrly earnings per share $3.36 . Qtrly net sales $790.8 million versus $679.6 million .Q4 earnings per share view $2.66, revenue view $791.1 million -- Thomson Reuters I/B/E/S.  Full Article

Investors renew push to get Sanderson Farms to cut antibiotic use

LOS ANGELES Sanderson Farms Inc shareholders have filed another proposal aimed at convincing the third-largest U.S. poultry producer to stop giving medically important antibiotics to healthy chickens for disease prevention.