Yes it's possible.
I had a hen who laid more females than males. I only hatched 20 from her, 4 were male. One of her daughters has so far yielded 5 with only 1 male.
The odd thing is, they're from a breed that prizes the males over the females, for the feathers (Genetic Hackles)... many breeders cull excess female chicks

.
So it seems to me like nature working hard to correct an imbalance. It could be that the genes for sex ratio are epigenetically influenced.
For comparison, there are scientific studies showing the way human fertility is epigenetically influenced by hardship... people who experienced stress/hunger when young go on to produce more offspring, while content/secure people produce few, regardless of culture, religion, etc. It's part of the species drive to survive, when times are tough nature wants to solve the problems by throwing more life at it, until some of them succeed.
If it is epigenetics at work in poultry sex ratios, breeding for a lopsided ratio could potentially be reversed in time.
As for imbalance with the male ratio, especially when males are in excess of 50%, that's more likely to be incubation conditions. Because males have 2 copies of more genes than females, they are genetically more resilient to stress on the body (in humans, this is reversed, it's women who have more doubled genes therefore more resilience against some ailments). Therefore, an incubation with excessive heat will harm more females than males and throw off the sex ratios.
The reason hatcheries/industry don't pursue this, is likely the cost-benefit analysis. A lower percentage of male chicks still leaves them dealing with male chicks - they still have to hire the professional sexer (fly them in) and everything else.
After the cost for generations of breeding to get a minimal change, it's not going to be worth it to them.