| Business Summary | | Sanderson
Farms
Inc.
is
a
fully
integrated
poultry
processing
company
engaged
in
the
production,
processing,
marketing
and
distribution
of
fresh
and
frozen
chicken
products.
In
addition,
through
its
wholly
owned
subsidiary,
Sanderson
Farms,
Inc.
(Foods
Division),
the
Company
is
engaged
in
the
processing,
marketing
and
distribution
of
processed
and
prepared
food
items.
The
Company
sells
ice
pack,
chill
pack
and
frozen
chicken,
in
whole,
cut-up
and
boneless
form,
primarily
under
the
Sanderson
Farms
brand
name
to
retailers,
distributors,
and
fast
food
operators
principally
in
the
southeastern,
southwestern
and
western
United
States.
The
Company's
chicken
operations
presently
encompass
five
hatcheries,
four
feed
mills,
six
processing
plants
and
one
by-products
plant. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Sanderson
Farms,
Inc.
produces,
processes,
markets
and
distributes
fresh
and
frozen
chicken
and
other
prepared
food
items.
For
the
nine
months
ended
7/31/01,
sales
rose
15%
to
$499.4
million.
Net
income
before
accounting
change
totalled
$15
million
vs.
a
loss
of
$11.3
million.
Revenues
reflect
an
increase
in
poultry
products
sales.
Earnings
also
reflect
planned
reductions
in
the
Company's
advertising
expenditures
and
an
increase
in
gross
margin. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Joe Sanderson, Jr., 53 Chairman,
Pres, CEO | $556K | Lampkin Butts, 49 VP,
Director of Sales | 198K | Mike Cockrell, 43 Treasurer,
CFO | 221K | James Grimes, 52 Sec.,
CAO | -- | Dollar amounts are as of 31-Oct-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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