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Tag: sanderson
Sanderson Farms disappoints as chicken prices dip
2015-08-25 14:39:09| Food - Topix.net
Sanderson Farms Inc. said profit tumbled in its latest quarter, as the chicken company faced sharply lower market prices for its products. Sanderson, based in Laurel, Miss., has about 7% of the overall U.S. poultry market, behind Tyson Foods Inc. and Pilgrim's Pride Corp., and is a supplier for customers including Sysco Corp., Kroger Co.
Tags: prices
chicken
farms
dip
Sanderson Farms (SAFM) Stock Retreating Following Price Target Decrease
2015-07-27 16:57:07| Food - Topix.net
Analysts have a cautious view on pure-play chicken stocks as chicken prices have softened due to supplies outpacing demand, according to the analyst note. Looking forward, chicken prices are expected to go down even more due to seasonally lower demand and lower pork prices.
Tags: price
stock
target
decrease
Thanks To The Shorts, Fundamentally Strong Sanderson Farms Is Now A Buying Opportunity
2015-06-16 17:13:57| Food - Topix.net
I believe a recent decline in days-to-cover indicates that the shorts are recognizing that SAFM's price reflects chicken pricing and feed cost risks more than the status quo. Several negative catalysts are now priced into the stock, such that just maintaining the status quo could serve as an upside catalyst .
Tags: strong
opportunity
buying
farms
Lower grain costs, continued demand boost Sanderson Farms Q2 numbers
2015-05-30 08:35:05| Food - Topix.net
Sanderson Farms Inc. reported results for its second fiscal quarter and six months ended April 30, 2015. Net sales for the second quarter of fiscal 2015 were $716.6 million compared with $660.7 million for the same period a year ago.
Tags: lower
costs
numbers
continued
City holds hearing Monday on Sanderson Farms request
2015-05-10 13:43:38| Food - Topix.net
A hearing will be held on a request to rezone property on Elizabethtown Road near Snake Road for possible use as a Sanderson Farms chick hatchery. The council will also vote on applying for a $300,000 Golden LEAF Foundation grant to extend sewer lines to the site, which would be annexed into the city.
Tags: city
request
monday
hearing
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