SANDERSON FARMS, INC. (NASDAQ:SAFM) Files An 8-K Results of Operations and Financial Condition
Item2.02
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Results of Operations and Financial Condition. |
On May25, 2017, the Registrant issued a press release announcing
its earnings for its fiscal quarter ended April30, 2017. The
press release is furnished herewith as Exhibit 99.1. Also on
May25, 2017, the Registrant held a conference call to discuss
itsearnings for its fiscal quarter ended April30, 2017. A
transcript of the conference call is furnished herewith as
Exhibit99.2. The information in thepress release and transcript
is not to be considered filed for purposes of the Securities
Exchange Act of 1934, as amended (theExchange Act), and is not
incorporated by reference into the Registrants filings under the
Securities Act of 1933, as amended (theSecurities Act).
CAUTIONARY STATEMENT REGARDING RISKS AND UNCERTAINTIES
THAT MAY AFFECT FUTURE PERFORMANCE
Exhibit99.2 to this Current Report may include forward-looking
statements within the meaning of the Safe Harbor provisions of
Section27A of the Securities Act and Section21E of the Exchange
Act. These forward-looking statements are based on a number of
assumptions about future events and are subject to various risks,
uncertainties and other factors that may cause actual results to
differ materially from the views, beliefs and estimates expressed
in such statements. These risks, uncertainties and other factors
include, but are not limited to, the risks described in
Exhibit99.1 to this report and in the Registrants Annual Report
onForm10-Kfor the year ended October31, 2016, and in subsequent
Quarterly Reports onForm10-Q.The risks cannot be controlled by
the Registrant. Readers are cautioned not to place undue reliance
on forward-looking statements made by or on behalf of the
Registrant. Each such statement speaks only as of the day it was
made. The Registrant undertakes no obligation to update or to
revise any forward-looking statements. The factors cannot be
controlled by the Registrant. When used in this report, the words
believes, expects, anticipates, estimates, model, should, plans
and similar words are intended to identify forward-looking
statements. Examples of forward-looking statements include
statements about managements beliefs about future earnings,
production levels, expenditures, grain prices and supply, global
economic conditions, supply and demand factors and other industry
conditions.
Section9 Financial Statements and Exhibits
| Item9.01 | Financial Statements and Exhibits. |
| (d) |
The following exhibits are furnished with this Current Report: |
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Exhibit No. |
Description |
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| 99.1 | Press release of Sanderson Farms, Inc. dated May 25, 2017. | |
| 99.2 |
Transcript of conference call held by Sanderson Farms, Inc. on May 25, 2017. |
About SANDERSON FARMS, INC. (NASDAQ:SAFM)
Sanderson Farms, Inc. is a poultry processing company. The Company is engaged in the production, processing, marketing and distribution of fresh and frozen chicken, and also preparation, processing, marketing and distribution of processed and minimally prepared chicken. It sells ice pack, chill pack, bulk pack and frozen chicken, in whole, cut-up and boneless form, under the Sanderson Farms brand name to retailers, distributors, casual dining operators, customers reselling frozen chicken into export markets. The Company, through its subsidiaries, Sanderson Farms, Inc. (Production Division) and Sanderson Farms, Inc. (Processing Division), conducts its chicken operations. Sanderson Farms, Inc. (Production Division) is engaged in the production of chickens to the broiler-stage. Sanderson Farms, Inc. (Foods Division) is engaged in the processing, sale and distribution of chickens. The Company, through Sanderson Farms, Inc. (Foods Division), conducts its prepared chicken business. SANDERSON FARMS, INC. (NASDAQ:SAFM) Recent Trading Information
SANDERSON FARMS, INC. (NASDAQ:SAFM) closed its last trading session down -2.34 at 117.69 with 575,069 shares trading hands.