The chicken sandwich craze has been a business driver for fast-food chains, and has the potential to give chicken producer Sanderson Farms Inc. a bump in 2020, the company said Thursday.
Sanderson Farms reported a loss of $1.05 per share and sales of $906.5 million for the fourth quarter against a FactSet consensus for a loss of $1.18 per share and sales of $888.0 million.
Sanderson Farms stock closed Thursday up 2.8%.
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On Monday, the company announced three versions of a new chicken sandwich, which will be available nationally on February 24. …
Tyson Foods and Sanderson Farms on Friday were upgraded to overweight from neutral by a JPMorgan analyst, who said consumers’ desire stock up on food due to the coronavirus pandemic has resulted in meat “flying off the shelves.” …
Sanderson Farms’ Corporate Communication Department recently won five local advertising and public relations awards from the American Advertising Federation of Jackson, Mississippi and the Pine Belt Chapter of the Public Relations Association of Mississippi. …
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