AP NEWS

Sanderson Farms: Fiscal 1Q Earnings Snapshot

February 27, 2020 GMT

LAUREL, Miss. (AP) _ Sanderson Farms Inc. (SAFM) on Thursday reported a loss of $38.6 million in its fiscal first quarter.

The Laurel, Mississippi-based company said it had a loss of $1.76 per share.

The poultry producer posted revenue of $823.1 million in the period.

Sanderson Farms shares have decreased 28% since the beginning of the year. The stock has increased almost 10% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SAFM at https://www.zacks.com/ap/SAFM