Sanderson Farms

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US poultry firms shares hit on bird flu reports

12 Mar 2015

US poultry producers' shares have taken a dive after reports of bird flu on an Arkansas farm.

Sanderson plans US$139m poultry complex

12 Mar 2015

Sanderson Farms has confirmed plans to open a new US$139m poultry complex in North Carolina, to be located in St Pauls and Robeson County.

Sanderson Farms books "solid" Q1

24 Feb 2015

Sanderson Farms today (24 February) booked higher first-quarter sales and profits, although earnings came in below analyst forecasts.

Sanderson Farms Q4 profits beat analyst forecasts

19 Dec 2014

US poultry processor Sanderson Farms has rounded off a year of higher sales and profits with fourth-quarter earnings that beat Wall Street expectations.

US: Sanderson Farms Q3 profit misses Wall St. expectations

27 Aug 2014

US poultry producer Sanderson Farms reported an increase in sales during its third quarter, but despite profit growth, results fell short of analyst expectations.

UPDATE: US poultry sector plays down impact of Russia chicken ban

6 Aug 2014

US poultry producers have played down the impact that a potential Russian ban on chicken imports from the country would have on the sector.

RUSSIA: Moscow targets Sanderson, Tyson in food import crackdown

6 Aug 2014

The Russian veterinary service, the Rosselkhoznadzor, today (6 August) suggested that microorganisms have been detected on poultry shipments from Tyson Foods and Sanderson Farms.

US: Pilgrim's Pride reportedly ups offer for Hillshire buy

3 Jun 2014

Pilgrim's Pride is reportedly upping its offer for the acquisition of Hillshire Brands to US$55 a share.

Comment: US food sector consolidation sees raising valuations

2 Jun 2014

The dramatic M&A battle being played out in the US protein space comes as fresh evidence that food companies are willing to pay top-dollar for quality businesses in a consolidating sector.

US: Sanderson Farms shares jump on Q2 profit rise

29 May 2014

Lower grain costs and increased demand in poultry products have seen Sanderson Farms post higher second-quarter sales and earnings.

Deal or no deal: Could more bids emerge after Pilgrim's play for Hillshire?

28 May 2014

The hunter became the hunted yesterday (27 May) as Pilgrim's Pride made a hostile bid for Hillshire Brands. The news comes just days after Hillshire announced its own plans to acquire a third US food group, Pinnacle Foods. Pilgrim's play for the maker of Jimmy Dean sausages leaves that deal looking shaky and has set the market alight with rumours that further takeover bids for Hillshire could follow. Katy Askew reports.

US: Sanderson benefits from lower grain costs

26 Feb 2014

Sanderson Farms returned to the black in the first quarter of its financial year, as lower grain costs more than offset "mixed" poultry prices.

US: Sanderson Farms to up capacity on higher profits

17 Dec 2013

Sanderson Farms plans to increase its chicken processing capacity, the US group revealed today (17 December), as it booked a jump in full-year sales and earnings.

US: Sanderson Farms Q3 earnings soar

27 Aug 2013

Sanderson Farms saw its earnings soar in the third quarter, boosted by improved market conditions and higher poultry prices.

US: Sanderson Farms profit up on tax, interest gain

31 May 2013

Sanderson Farms has booked an increase in profit for the first-half of the year on the back of lower interest and tax expenses.

The week ahead - Citi FMCG conference, Sanderson H1s

28 May 2013

The UK and the US enjoyed a public holiday on Monday and the shorter week is a quieter one for results. However, US poultry group Sanderson Farms and South Africa's Tiger Brands will report H1s, while Tate & Lyle plc will announce annual figures. In New York, Citi will hold a conference featuring the likes of Mondelez International and General Mills.

US: Sanderson Farms margins remain under pressure

21 Feb 2013

US poultry group Sanderson Farms has indicated its first-quarter margins remained under continued pressure from high feed costs despite rising poultry market prices.

US: Sanderson Farms returns to FY profitability

18 Dec 2012

US poultry giant Sanderson Farms has reported an annual profit thanks to higher poultry prices and increased production.

US: Grain costs force Sanderson Farms to cut output

28 Aug 2012

US poultry giant Sanderson Farms said today (28 August) it had cut production to offset the spike in feed costs it expects after this summer's severe drought in the country.

US: Improved market conditions boost Sanderson Farms H1

29 May 2012

US poultry producer Sanderson Farms has returned to profit in the first half of its financial year as improved market conditions boosted sales and earnings.

US: Sanderson narrows loss in "improved" conditions

28 Feb 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 Dec 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 Aug 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 Feb 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 Dec 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 Nov 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.



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