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Sanderson Farms Inc (SAFM.OQ)

SAFM.OQ on NASDAQ Stock Exchange Global Select Market

98.48USD
14 Dec 2018
Change (% chg)

$-1.63 (-1.63%)
Prev Close
$100.11
Open
$99.95
Day's High
$101.48
Day's Low
$98.39
Volume
138,314
Avg. Vol
148,018
52-wk High
$160.00
52-wk Low
$96.10

Latest Key Developments (Source: Significant Developments)

Sanderson Farms Provides Update On Hurricane Florence Damage
Monday, 17 Sep 2018 07:05pm EDT 

Sept 17 (Reuters) - Sanderson Farms Inc ::SANDERSON FARMS, INC. PROVIDES UPDATE ON HURRICANE FLORENCE DAMAGE.SANDERSON FARMS INC SAYS HAS STILL RECEIVED NO REPORT OF SERIOUS INJURIES OR LOSS OF LIFE AMONG ITS EMPLOYEES AND GROWERS.SANDERSON FARMS - COMPANY RESUMED OPERATIONS AT ITS FEED MILL LOCATED IN KINSTON, NORTH CAROLINA, THIS MORNING.SANDERSON FARMS -DOES NOT BELIEVE LOSS OF HOUSING CAPACITY WILL AFFECT ITS ONGOING OPERATIONS.SANDERSON FARMS -REDUCED EGG SETS, CHICK PLACEMENTS WILL AFFECT CO'S WEEKLY PROCESSING VOLUMES THROUGH DECEMBER.  Full Article

Sanderson Farms Q1 Earnings Per Share $2.24
Wednesday, 21 Feb 2018 05:00pm EST 

Feb 21 (Reuters) - Sanderson Farms Inc ::SANDERSON FARMS, INC. REPORTS RESULTS FOR FIRST QUARTER OF FISCAL 2018.Q1 EARNINGS PER SHARE $2.24.Q1 SALES $771.9 MILLION VERSUS $688.3 MILLION.Q1 EARNINGS PER SHARE VIEW $1.10, REVENUE VIEW $763.4 MILLION -- THOMSON REUTERS I/B/E/S.‍NET INCOME FOR QUARTER REFLECTS A ONE-TIME NON-CASH TAX BENEFIT OF $37.5 MILLION​.SANDERSON FARMS - ‍CONSTRUCTION AT NEW TYLER, TEXAS, COMPLEX CONTINUES ON SCHEDULE TO OPEN IN FIRST CALENDAR QUARTER OF 2019​.  Full Article

Sanderson Farms - CEO Joe Sanderson Jr's FY 2017 Total Compensation Was $6.6 Million
Tuesday, 16 Jan 2018 09:18am EST 

Jan 16 (Reuters) - Sanderson Farms Inc ::SANDERSON FARMS SAYS CHAIRMAN OF BOARD, CEO JOE SANDERSON JR'S FY 2017 TOTAL COMPENSATION WAS $6.6 MILLION VERSUS $3.8 MILLION IN FY 2016 - SEC FILING.  Full Article

Sanderson Farms Inc - Qtrly Diluted Earnings Per Share $3.20 ‍​
Thursday, 14 Dec 2017 07:46am EST 

Dec 14 (Reuters) - Sanderson Farms Inc ::QTRLY DILUTED EARNINGS PER SHARE $3.20 ‍​.QTRLY NET SALES $919.9 MILLION VERSUS $790.8 MLN‍​.Q4 EARNINGS PER SHARE VIEW $3.50, REVENUE VIEW $911.3 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

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 to curb human antibiotic use in chicken supply

CHICAGO, Nov 30 Sanderson Farms Inc by March will stop using antibiotics vital to fighting human infections to prevent diseases in chickens, the company said on Friday, becoming the last major chicken producer to step away from the drugs.