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