| Address:
|
225 N 13TH AVE
PO BOX 988 |
| City: |
LAUREL |
|
State: |
MS |
|
Zip Code: |
39441 |
| Telephone: |
601-649-4030 |
|
Description of Business
|
Primary SIC Code:
2015 |
| (As filed with the SEC)
|
|
|
The Registrant was incorporated in Mississippi in 1955, and is a
fully-integrated poultry processing company engaged in the production,
processing, marketing and distribution of fresh and frozen chicken products. In
addition, the Registrant is engaged in the processing, marketing and
distribution of prepared chicken through its wholly-owned subsidiary, Sanderson
Farms, Inc. (Foods Division).
The Registrant sells ice pack, chill pack, bulk pack and frozen chicken, in
whole, cut-up and boneless form, primarily under the Sanderson Farms®brand name
to retailers, distributors, and casual dining operators principally in the
southeastern, southwestern, northeastern and western United States, and to
customers who resell frozen chicken into export markets. During its fiscal year
ended October 31, 2011 the Registrant processed 434.0 million chickens, or over
2.8 billion dressed pounds. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 10/2011 | -5.74 | 0.170 | N/E | | 07/2011 | -2.66 | 0.170 | N/E | | 04/2011 | 1.43 | 0.170 | 33.29 | | 01/2011 | 3.80 | 0.170 | 10.82 | | 10/2010 | 6.07 | 0.170 | 6.92 | | 04/2010 | 5.45 | 0.150 | 10.40 | | 01/2010 | 5.07 | 0.150 | 9.22 | | 10/2009 | 3.99 | 0.150 | 9.17 |
Key Financial Ratios and Statistics |
FYE:
10/31 |
| Profitability |
2011 |
Leverage |
2011 |
| Net Inc/Comm Equity | -0.83 | Total Liab/Total Assets | 0.47 | | Net Inc/Total Assets | -0.13 | Total Liab/Inv Cap | 0.54 | | Net Inc/Inv Cap | -0.15 | Total Liab/Comm Equity | 2.88 | | Pretax Inc/Net Sales | -0.10 | Interest Coverage Ratio | -29.29 | | Net Inc/Net Sales | -0.06 | Curr Debt/Equity | 0.02 | | Cash Flow/Net Sales | -0.10 | LTD/Equity | 0.55 | | SG&A/NetSales | 0.04 | Total Debt/Equity | 0.57 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 13.97 | Quick Ratio | 1.99 | | Inventory Turnover | 11.42 | Current Ratio | 3.85 | | Inventory Day Sales | 0.03 | Net Rec/Curr Assets | 0.43 | | Net Sales/Work Cap | 6.10 | Inv/Curr Assets | 0.48 | | Net Sales/PP&E | 3.91 | | |
Income Statement (Millions) |
| |
10/31/2011
|
7/31/2011
|
4/30/2011
|
1/31/2011
|
|
Total Revenues(Net Sales)
|
559.84
|
511.17
|
479.34
|
427.73
|
|
Cost of Goods Sold
|
584.35
|
562.60
|
501.67
|
436.64
|
|
Selling & Admin Exps
|
4.98
|
39.01
|
16.81
|
20.41
|
|
Operating Income
|
-29.49
|
-84.44
|
-22.84
|
-51.62
|
|
Interest Exp
|
2.44
|
2.02
|
1.49
|
0.46
|
|
Pretax Income
|
-31.92
|
-86.45
|
-23.85
|
-52.02
|
|
Other Income
|
0.01
|
0.01
|
0.48
|
0.05
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
-21.56
|
-55.68
|
-16.28
|
-33.56
|
|
Assets
|
10/31/2011
|
7/31/2011
|
4/30/2011
|
1/31/2011
|
|
Cash & Short Term Investments
|
11.08
|
11.70
|
1.17
|
0.62
|
|
Receivables - Total
|
188.89
|
165.64
|
117.34
|
91.31
|
|
Inventories - Total
|
211.75
|
203.17
|
213.84
|
170.37
|
|
Total Current Assets
|
437.96
|
409.69
|
356.64
|
285.79
|
|
Net Property, Plant & Equipment
|
505.51
|
511.79
|
507.66
|
501.16
|
|
Total Assets
|
948.52
|
926.68
|
869.27
|
789.55
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
102.56
|
96.53
|
84.99
|
88.88
|
|
Debt in Current Liabilities
|
11.11
|
11.05
|
1.05
|
1.05
|
|
Total Current Liabilities
|
113.66
|
107.58
|
86.03
|
89.93
|
|
Long-Term Debt
|
276.97
|
237.07
|
156.74
|
64.31
|
|
Total Liabilities
|
441.62
|
394.21
|
278.62
|
180.14
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
22.23
|
22.15
|
22.14
|
22.12
|
|
Retained Earnings
|
353.50
|
378.91
|
438.49
|
458.64
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
506.90
|
532.47
|
590.64
|
609.41
|
|
Total Liabilities and Stockholders' Equity
|
948.52
|
926.68
|
869.27
|
789.55
|
Cash Flow Summary (Millions) |
|
Categories
|
10/31/2011
|
7/31/2011
|
4/30/2011
|
1/31/2011
|
|
Net Cash Provided by Operating Activities
|
-23.01
|
-58.24
|
-69.27
|
-53.45
|
|
Net Cash Provided by Investing Activities
|
-7.74
|
-17.33
|
-18.80
|
-18.91
|
|
Net Cash Provided by Financing Activities
|
30.13
|
86.10
|
88.62
|
-0.43
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 10/2007 | 1,474.84 | 78.83 | 3.88 | | 10/2008 | 1,723.58 | -43.13 | -2.13 | | 10/2009 | 1,789.51 | 82.32 | 3.99 | | 10/2010 | 1,925.44 | 134.82 | 6.07 | | 10/2011 | 1,978.08 | -127.08 | -5.74 | | Growth Rates | 7.62 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 152 | 21,071 | 91.79 |
|
Report Date :
2/6/2012
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