Premium Standard Farms Reports High Profits, Lower Sales

1 decade 1 year 10 months ago Wednesday, April 05 2006 Apr 5, 2006 Wednesday, April 05, 2006 1:06:41 PM CDT April 05, 2006 in News

For the three months ended Sept 24, the Kansas City-based company reported earnings of $12.2 million. The company reported $11.9 million in earnings during the same quarter a year ago. The company went public earlier this year. Revenues for the quarter decreased 2.5%. Premium blamed the smaller numbers on lower prices for pork and live hogs brought on by weaker domestic demand.

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