InvestorsHub Logo
Followers 29
Posts 5254
Boards Moderated 2
Alias Born 07/18/2003

Re: SSKILLZ1 post# 23

Thursday, 01/31/2008 7:10:36 PM

Thursday, January 31, 2008 7:10:36 PM

Post# of 41
I can understand your sentiment.. LOL

They had much lower revs the I predicted.

Cagle's loss cut to $1.8M in Q3 Thursday January 31, 5:12 pm ET

Cagle's Inc. reduced its losses in the third quarter of fiscal 2008.
The Atlanta-based poultry company had a net loss of $1.8 million on $66.9 million in sales, compared with a net loss of $3.2 million on $56.4 million in sales in the third quarter of 2007. Loss per share was 38 cents, compared with a loss per share of 67 cents in the third quarter of 2007.

Feed ingredient cost increases hit $3.9 million in the third quarter of 2008.

Cagle's (AMEX: CGL.A - News) noted cost of sales and earnings continue to be unpredictable as poultry markets, feed ingredients, energy, packaging and freight costs react to global supply and demand pressures.



Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.