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Sanderson reports quarterly results

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LAUREL, Miss. — Sanderson Farms Inc. has reported results for the fourth quarter and fiscal year ended Oct. 31, 2015.

Net sales for the fourth quarter of fiscal year 2015 were $679.6 million compared with $760.9 million for the same period a year ago. For the quarter, the company reported net income of $27.4 million, or $1.22 per share, compared with net income of $93.1 million, or $4.04 per share, for the fourth quarter of fiscal 2014.

Net sales for fiscal 2015 were $2.803 billion compared with $2.775 billion for fiscal 2014. Net. . .

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