** charts after earnings **
Sanderson Farms misses by $0.12, misses on revs :
- Reports Q4 (Oct) earnings of $1.22 per share, $0.12 worse than the Capital IQ Consensus of $1.34; revenues fell 10.7% year/year to $679.6 mln vs the $691.6 mln Capital IQ Consensus.
- "We are pleased that our profitability during fiscal 2015 allowed us to fund our planned expansion in Palestine, Texas, further reduce outstanding debt, strengthen our balance sheet, and reward our shareholders with a special dividend," Sanderson continued. "We are well positioned to continue our growth strategy as we continue to move our new poultry complex in Palestine, Texas, to full production and continue construction of our newest complex in St. Pauls, North Carolina. The pounds produced in Palestine and St. Pauls, at full production, will represent a 32 percent increase in our capacity."
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