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Sanderson Farms Inc (SAFM.OQ)

SAFM.OQ on NASDAQ Stock Exchange Global Select Market

105.99USD
16 Nov 2018
Change (% chg)

$1.82 (+1.75%)
Prev Close
$104.17
Open
$103.51
Day's High
$106.20
Day's Low
$102.89
Volume
102,820
Avg. Vol
152,078
52-wk High
$176.43
52-wk Low
$96.10

Latest Key Developments (Source: Significant Developments)

Sanderson Farms CEO Joe Sanderson Says Does Not Think There Will Be A Big Spike In Poultry Prices Due To Florence - CNBC
Thursday, 20 Sep 2018 

Sept 20 (Reuters) - :SANDERSON FARMS CEO JOE SANDERSON SAYS DOES NOT THINK THERE WILL BE A BIG SPIKE IN POULTRY PRICES DUE TO FLORENCE - CNBC.  Full Article

Sanderson Farms Says Will Resume Ops At St. Pauls Processing Plant Once It Is Safe
Wednesday, 19 Sep 2018 

Sept 19 (Reuters) - Sanderson Farms Inc ::SANDERSON FARMS, INC. PROVIDES UPDATE ON HURRICANE FLORENCE DAMAGE.SANDERSON FARMS INC - KINSTON, NORTH CAROLINA, PROCESSING PLANT RESUMED ONE SHIFT OF OPERATIONS ON SEPTEMBER 18.SANDERSON FARMS SAYS HAS STILL RECEIVED NO REPORT OF SERIOUS INJURIES OR LOSS OF LIFE AMONG ITS EMPLOYEES AND GROWERS DUE TO HURRICANE FLORENCE.SANDERSON FARMS INC - WILL RESUME OPERATIONS AT ST. PAULS PROCESSING PLANT ONCE IT IS SAFE.SANDERSON FARMS INC - BELIEVES ELECTRICAL POWER WILL BE FULLY RESTORED TO ALL OF ITS INDEPENDENT FARMS IN SHORT ORDER.SANDERSON FARMS - DUE TO HURRICANE FLORENCE, MANY EMPLOYEES AND GROWERS HAVE LOST HOMES AND PROPERTY, AND IN SOME CASES ARE BEING HOUSED IN SHELTERS.SANDERSON FARMS SAYS RAINFALL FROM HURRICANE FLORENCE CAUSED "SERIOUS FLOODING" THAT AFFECTED COMPANY'S LIVE GROW OUT OPERATIONS.  Full Article

Sanderson Farms CEO Says Trade Concerns With China Have Weighed On Grain Market
Thursday, 23 Aug 2018 

Aug 23 (Reuters) - Sanderson Farms Inc ::SANDERSON FARMS CEO SAYS NORMALLY CO SEES STRONG CHICKEN DEMAND DURING Q3, BUT DIDN'T SEE TYPICAL PROMOTIONAL ACTIVITY FOR CHICKEN IN Q3 - CONF CALL.SANDERSON FARMS CEO SAYS EXPORT DEMAND IMPACTED BY UNCERTAINTY IN SOME PLACES REGARDING FREIGHT ISSUES, BUT HAS BEEN ADEQUATE- CONF CALL.SANDERSON FARMS CEO SAYS EXPECT GRAIN COST TO BE ABOUT $36.7 MILLION HIGHER THIS FISCAL YEAR THAN LAST YEAR.SANDERSON FARMS CEO SAYS CO HAS PRICED ONLY A VERY SMALL PORTION OF ITS FISCAL 2019 NEEDS.SANDERSON FARMS CEO SAYS TRADE CONCERNS WITH CHINA HAVE WEIGHED ON THE GRAIN MARKET - CONF CALL.SANDERSON FARMS CEO FEED COST PER POUND PROCESSED WERE HIGHER DURING OUR THIRD FISCAL QUARTER- CONF CALL.SANDERSON FARMS CEO ON EXCESS BEEF, PORK PRODUCTION IN U.S. - "DON'T RECALL IN THE PAST WHERE IT HAD AFFECTED US LIKE IT'S AFFECTING US THIS YEAR".SANDERSON FARMS - EXPECT POUNDS PROCESSED DURING Q4 TO BE ABOUT 1.12 BILLION POUNDS, DOWN COMPARED TO SAME QUARTER OF LAST YEAR BY 4.6 PERCENT - CONF CALL.  Full Article

Sanderson Farms Reports Qtrly Earnings Per Share $0.50
Thursday, 23 Aug 2018 

Aug 23 (Reuters) - Sanderson Farms Inc ::QTRLY EARNINGS PER SHARE $0.50.QTRLY NET SALES $852.4 MILLION VERSUS $931.9 MILLION.Q3 EARNINGS PER SHARE VIEW $1.36, REVENUE VIEW $873.6 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Sanderson Farms Reports Results For Q3 Of Fiscal 2018
Thursday, 23 Aug 2018 

Aug 23 (Reuters) - Sanderson Farms Inc ::SANDERSON FARMS, INC. REPORTS RESULTS FOR THIRD QUARTER OF FISCAL 2018.Q3 EARNINGS PER SHARE $0.50.Q3 SALES $852.4 MILLION VERSUS I/B/E/S VIEW $873.6 MILLION.Q3 EARNINGS PER SHARE VIEW $1.36 -- THOMSON REUTERS I/B/E/S.SANDERSON FARMS-QTRLY MARKET PRICES FOR BONELESS BREAST MEAT, CHICKEN BREAST TENDERS, BONELESS THIGH MEAT, BULK LEG QUARTERS, JUMBO WINGS PRODUCED AT PLANTS THAT PROCESS LARGER BIRD SIGNIFICANTLY LOWER.SANDERSON FARMS - FEED COSTS PER POUND OF CHICKEN PROCESSED IN Q3 UP 5.8 PERCENT.SANDERSON FARMS - QTRLY PRICES PAID FOR CORN AND SOYBEAN MEAL UP 4.3 PERCENT AND 15.5 PERCENT.SANDERSON FARMS - "CHICKEN WILL CONTINUE TO COMPETE AGAINST AN ABUNDANT DOMESTIC SUPPLY OF PROTEIN, WHICH MAY CONTINUE TO PRESSURE MARKET PRICES".  Full Article

Sanderson Farms, Inc. Extends And Increases Stock Repurchase Plan
Thursday, 31 May 2018 

Sanderson Farms Inc ::SANDERSON FARMS, INC. EXTENDS AND INCREASES STOCK REPURCHASE PLAN.SANDERSON FARMS INC - HAS INCREASED NUMBER OF SHARES OF COMPANY'S COMMON STOCK THAT MAY BE PURCHASED UNDER PROGRAM TO 2.0 MILLION SHARES.SANDERSON FARMS INC - BOARD EXTENDED TO MAY 31, 2021, ITS STOCK REPURCHASE PROGRAM.  Full Article

Sanderson Farms Q2 Earnings Per Share $1.84
Thursday, 24 May 2018 

May 24 (Reuters) - Sanderson Farms Inc ::SANDERSON FARMS, INC. REPORTS RESULTS FOR SECOND QUARTER OF FISCAL 2018.Q2 EARNINGS PER SHARE $1.84.Q2 SALES $813.5 MILLION VERSUS I/B/E/S VIEW $833.7 MILLION.Q2 EARNINGS PER SHARE VIEW $1.95 -- THOMSON REUTERS I/B/E/S."LOOKING AHEAD TO SECOND HALF OF FISCAL YEAR, WE EXPECT GRAIN PRICES TO BE SOMEWHAT HIGHER".SANDERSON FARMS - EXPECTS CHICKEN PRODUCTION DURING THIRD AND FOURTH QUARTERS OF 2018 TO BE UP 2.8 PERCENT AND DOWN 4.7 PERCENT RESPECTIVELY.  Full Article

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

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 

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 

Aug 24 (Reuters) - Sanderson Farms Inc :Reports results for third quarter of fiscal 2017.Q3 earnings per share $5.09.Q3 sales $931.9 million versus I/B/E/S view $911.5 million.Q3 earnings per share view $4.49 -- Thomson Reuters I/B/E/S."Food service traffic and demand in United States remain below pre-recession levels".  Full Article

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