Sanderson Farms, Inc. (SAFM) News

Sanderson Farms, Inc. (SAFM)

Today's Latest Price: $128.94 USD

0.31 (-0.24%)

Updated Jan 19 4:00pm

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Overall POWR Rating

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 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank

Industry Rank:

Ranked of 88 in Food Makers

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StocksNews Articles for SAFM

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Latest SAFM News From Around the Web

Below are the latest news stories about Sanderson Farms Inc that investors may wish to consider to help them evaluate SAFM as an investment opportunity.

Sanderson Farms (SAFM) Down 7.3% Since Last Earnings Report: Can It Rebound?

Sanderson Farms (SAFM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Yahoo | January 16, 2021

Fast-Food Boom Drives Rebound in Meat Sales for American Packers

(Bloomberg) -- American meatpackers are benefiting from one bright spot in the restaurant industry during the pandemic: fast-food sales.With most restaurants closed or operating at reduced capacity, customers have flocked to places including McDonald’s and Burger King, where they can simply drive through to grab food. That’s helped Cargill Inc.’s protein sales to food-services business to return to near normal, while Sanderson Farms Inc. is encouraged by the chicken-sandwich rivalry among quick-service restaurants, or QSR.Americans used to spend more than half of their food budget eating out before the virus struck, locking down cities from New York to Los Angeles and shuttering restaurants. Consumer behavior shifted, and businesses adapted to more online sales and increased delivery op...

Yahoo | December 24, 2020

Is SAFM A Good Stock To Buy?

At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each […]

Yahoo | December 18, 2020

Sanderson Farms Announces Retirement of Board Member John Baker

Sanderson Farms, Inc. (NASDAQ: SAFM) today announced that John H. Baker III has informed the Company that he will retire from the Sanderson Farms Board of Directors when his current term ends at the 2021 annual shareholders’ meeting.

Yahoo | December 18, 2020

Sanderson Farms (SAFM) Q4 Earnings Beat Estimates, Sales Up

Sanderson Farms' (SAFM) fourth-quarter fiscal 2020 sales reflect gains from favorable trends in chicken products. However, the company continues to hurt from weak food service demand.

Yahoo | December 18, 2020

Sanderson Farms (SAFM) to Post Q4 Earnings: What's in Store?

Sanderson Farms' (SAFM) fourth-quarter fiscal 2020 results are likely to reflect its portfolio strength. However, reduced foodservice demand amid the pandemic is a concern.

Yahoo | December 14, 2020

Will Sanderson Farms (SAFM) Report Negative Earnings Next Week? What You Should Know

Sanderson Farms (SAFM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Yahoo | December 10, 2020

Chick-fil-A sues top poultry suppliers alleging bid-rigging, price fixing

The lawsuit filed Friday names 17 defendants including Perdue Farms, Tyson Foods Inc, Pilgrim's Pride and Sanderson Farms Inc alleging they shared bids and pricing details, leading the Atlanta-based restaurant chain to overpay for supplies. The U.S. Department of Justice has indicted 10 industry executives in separate cases this year and several suppliers have faced lawsuits alleging conspiracy to inflate broiler chicken prices from grocers, retailers and consumers.

Yahoo | December 7, 2020

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