Arden Hills, MN
Land O'Lakes, Inc. has reported its second quarter and year-to-date financials with continued strong sales for the company. Net sales are up for both the second quarter and the first half of the year, according to a press release. Net sales were $3.6 billion for the second quarter, up from $3.5 billion for the same quarter last year. Net sales were $7.5 billion for the first half of the year, up 8% from $6.9 billion during the comparable period last year.
In the company's core businesses, first half sales were up 11% in Feed, 15% in Crop Inputs and 17% in Layers, while Dairy Foods sales were down 7%, primarily because of market conditions.
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