Sanderson Farms - food industry company news 
US: Sanderson narrows loss in "improved" conditions
28 February 2012
US poultry producer Sanderson Farms today (28 February) revealed that improved conditions in the poultry sector enabled it to reduce first-quarter losses.
US: Sanderson Farms plunges into FY loss
20 December 2011
US poultry processor Sanderson Farms today (20 December) announced full-year losses in the wake of higher costs and a "weak" poultry market.
US: Sanderson Farms crashes into the red
25 August 2011
US poultry processor Sanderson Farms suffered heavy losses in its fiscal third quarter.
US: Feed costs drive Sanderson into the red
24 May 2011
A jump in feed costs has pushed US poultry group Sanderson Farms in its fiscal second quarter and in the first half of its financial year.
US: Sanderson Farms profit hit by commodity prices
25 February 2011
US poultry processor Sanderson Farms saw its shares fall after the company booked a net loss in its first quarter.
US: Sanderson Farms FY profits climb
14 December 2010
US meat giant Sanderson Farms has booked an increase in annual sales and earnings after a strong finish to its fiscal year.
RUSSIA: US poultry exporters say frozen poultry ban "not feasible"
8 November 2010
A major US poultry producer has accused Russia of effectively locking chicken out of parts of the Russian market through its proposed ban on imports and sales of deep-frozen poultry.
On the money: Sanderson predicts limited poultry production in 2010
25 May 2010
US meat giant Sanderson Farms said it expects poultry production levels to be limited for the remainder of the year.
US: Chicken demand boosts Sanderson profits
25 May 2010
Demand for chicken boosted profits at US meat giant Sanderson Farms in the first-half of its fiscal year.
US: US poultry shares fall as Pilgrim's eyes expansion
7 May 2010
Shares in major US poultry processors fell yesterday (6 May) after Pilgrim's Pride outlined plans to re-open plants closed during its recent financial troubles.
US: Sanderson to build poultry complex
30 March 2010
US meat giant Sanderson Farms is looking to build a poultry complex in North Carolina.
US: Margin gains boost Sanderson Q1
23 February 2010
US chicken processor Sanderson Farms has posted first-quarter profit gains thanks to improved margins and modestly higher sales.
US: Tyson settles “antibiotic free” lawsuit
15 January 2010
Tyson Foods has reached an agreement to settle a US consumer lawsuit arising from the meat giant's marketing claim that its chickens were “raised without antibiotics”.
Quote, unquote: just-food's week in words
11 December 2009
The UN climate change conference started this week in Copenhagen and, ahead of the summit, the European food industry body, the CIAA, sought to demonstrate how the sector is helping in the battle against global warming. Elsewhere, on the sustainability agenda, Unilever suspended its future purchasing of palm oil from Indonesian company PT Smart, following Greenpeace claims of deforestation, while the UK's Sustainable Development Commission suggested a cut in fish, meat and dairy consumption was in order to make diets more sustainable.
INSIGHT: Sanderson expects market volatility to continue
8 December 2009
US poultry group Sanderson Farms said it expects market price volatility to continue into 2010 as the firm swung into profit this morning (8 December), reversing a year-ago loss.
US: Sanderson swings to FY profit
8 December 2009
Sanderson Farms swung into profit today (8 December) on higher poultry prices, reversing a year-ago loss.
US: Sanderson extends stock repurchase
23 October 2009
Sanderson Farms has extended its stick repurchase program to 1m shares.
US: Fieldale Farms chief to lead chicken lobbyists
2 October 2009
The US National Chicken Council has appointed the president of Fieldale Farms, Thomas Hensley Jr, as its chairman.
INSIGHT: Sanderson sees "gradual" rise in poultry prices
25 August 2009
Sanderson Farms expects to see a continued increase in poultry prices next year as the economy improves, the chief of the US poultry group said today (25 August).
US: Poultry sector improvements help Sanderson
25 August 2009
US poultry group Sanderson Farms saw an increase in net profit for the first nine months of the year today (25 August), which the company said reflects “improved market conditions”.
US: Sanderson restarts poultry expansion plans
24 July 2009
US poultry group Sanderson Farms has kick-started its plans to build a processing complex in North Carolina.
US: Chicken's retail strength boosts Sanderson
28 May 2009
Shares in US poultry group Sanderson Farms rose today (28 May) after the company booked a jump in quarterly profits.
US: Recession boosts chicken sales - study
8 May 2009
The recession is boosting sales of chicken at US retail grocery stores, according to industry executives and analysts.
US: Pilgrim’s Pride appoints VP sales
2 March 2009
US chicken producer Pilgrim's Pride Corp. today (2 March) announced the appointment of Jerry Wilson as executive vice president of sales and marketing.
US: Sanderson losses widen as restaurant sales drop
26 February 2009
Sanderson Farms has seen its losses widen in the first quarter, as its sales to the food sector dropped with consumers increasingly eating at home.
US: Poultry firm Sanderson books FY loss
4 December 2008
Rising annual revenue at US poultry group Sanderson Farms has not been enough to stem full-year losses at the company.
US: Analyst optimism boosts Sanderson shares
20 November 2008
Shares in US poultry group Sanderson Farms increased 6.7% yesterday (19 November) after the stock was upgraded to “neutral” from “underweight”, according to reports.
US: Sanderson eyeing acquisitions
10 October 2008
Sanderson Farms has said that it is considering issuing US$1bn in new stock to fund potential acquisitions.
US: Feed costs eat into Sanderson profits
26 August 2008
US chicken producer Sanderson Farms posted a third-quarter loss today (26 August) as feed costs hit profits.
US: Sanderson puts plant construction on hold
26 June 2008
Sanderson Farms today (26 June) said that it has placed plans to construct a new poultry processing plant on hold due to the rising price of corn and soybeans.
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Datamonitor's Sanderson Farms Inc - SWOT Analysis company profile is the essential source for top-level company data and information. Sanderson Farms Inc - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.Sanderson Farms (Sanderson Farms or “the company’) is engaged in the production, processing, marketing and distribution of fresh and frozen chicken and other prepared food items. The company primarily operates in the US. It is headquartered in Laurel, Mississippi and employs about 9,965 people. The company recorded revenues of $1,789.5 million during financial year ended October 2009 (FY2009), an increase of 3.8% over FY2008. The operating profit of the company was $136.6 million in FY2009, as compared with operating loss of $65.7 million in FY2008. The net profit was $82.3 million in FY2009, as compared with net loss of 43.1 million in FY2008.
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