LAUREL, Miss. — Sanderson Farms Inc. has reported its results for the first quarter of fiscal 2019.
Net sales for the first quarter of fiscal 2019 were $743.4 million compared with $771.9 million for the same period a year ago. The company reported a net loss of $17.8 million, or 82 cents per share, for the quarter compared with net income of $51.2 million, or $2.24 per share, for the first quarter of fiscal 2018.
Net income for last year's first fiscal quarter reflected a one-time non-cash tax benefit of $37.5 million. . .
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