Sanderson Farms Inc. reported results for the third fiscal quarter and nine months ended July 31, 2011. Net sales for the third quarter of fiscal 2011 were $511.2 million compared with $489.1 million for the same period a year ago. For the quarter, the company reported a net loss of $55.7 million, or $2.51 per share, compared with a net income of $36.1 million, or $1.55 per share, for the third quarter of fiscal 2010.
Net sales for the first nine months of fiscal 2011 were $1,418.2 million compared with $1,396.3 million for the first nine months of fiscal 2010. The net loss for the first nine months of fiscal 2011 totaled $105.5 million, or $4.77 per share, compared with net income of $87.0 million, or $3.96 per share, for the first nine months of last year.