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Cal-Maine Foods, Inc. - CALM STOCK NEWS

Welcome to our dedicated news page for Cal-Maine Foods (Ticker: CALM), a resource for investors and traders seeking the latest updates and insights on Cal-Maine Foods.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cal-Maine Foods's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cal-Maine Foods's position in the market.

Rhea-AI Summary
Cal-Maine Foods, Inc. announces the retirement of Senior Vice President of Sales, Jeff Hardin, effective July 23, 2024. Scott Hull, Vice President of Sales, will take over the executive officer role immediately. Hardin, with the company since 1988, played a vital role in sales growth and customer relationships. Hull, part of the company since 2009, has a proven track record in sales leadership.
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0.16%
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Rhea-AI Summary
Cal-Maine Foods, Inc. (NASDAQ: CALM) reported strong financial performance in Q3 FY 2024 with net sales of $703.1 million, net income of $146.4 million, and record sales volume. The company faced challenges due to HPAI outbreaks impacting egg prices but managed to meet strong consumer demand. Cal-Maine Foods acquired assets of Fassio Egg Farms, Inc. and Tyson Foods, Inc. to enhance its production capacity. Despite lower egg prices, the company remains optimistic about future growth opportunities and maintaining dividend payments.
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3.62%
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Cal-Maine Foods, Inc. (NASDAQ: CALM) reported a facility in Texas testing positive for avian influenza, leading to the depopulation of 1.6 million hens and 337,000 pullets. The company's total flock was affected by approximately 3.6%. Production has halted temporarily, with efforts to secure production from other facilities. The risk of future outbreaks remains, but human health risk is low. The company maintains strong biosecurity measures and collaborates with government agencies to manage the situation.
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Rhea-AI Summary
Cal-Maine Foods, Inc. (NASDAQ: CALM) will release its Q3 fiscal 2024 financial results on April 2, 2024. The company is a major US producer of fresh shell eggs, offering various types. Headquartered in Ridgeland, Mississippi, it dominates the market in several US regions.
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Cal-Maine Foods, Inc. (CALM) has finalized the acquisition of a broiler processing plant, hatchery, and feed mill in Dexter, Missouri, previously closed by Tyson Foods, Inc. The company aims to revamp these assets for shell egg and egg products production, signaling a strategic move for expansion and diversification.
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Cal-Maine Foods, Inc. (NASDAQ: CALM) reported second quarter fiscal year 2024 results, with net sales of $523.2 million and net income of $17.0 million. The company also announced a cash dividend of $0.116 per share. The PR highlights the impact of dynamic market conditions on the company's sales and income, as well as recent acquisitions and future prospects.
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Cal-Maine Foods, Inc. (NASDAQ: CALM) announced the acquisition of a broiler processing plant, hatchery, and feed mill in Dexter, Missouri from Tyson Foods, Inc. The assets will be repurposed for egg and egg products production, with the broiler processing plant to be converted into an egg grading facility. The transaction is expected to close in the third fiscal quarter.
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Cal-Maine Foods, Inc. (NASDAQ: CALM) will release its second quarter fiscal 2024 financial results on January 3, 2024. The company is the largest producer and distributor of fresh shell eggs in the United States, with a focus on various types of eggs including conventional, cage-free, organic, brown, free-range, pasture-raised, and nutritionally enhanced eggs.
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-3%
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Cal-Maine Foods, Inc. (NASDAQ: CALM) reported a highly pathogenic avian influenza (HPAI) outbreak at one of its Kansas facilities, affecting 1.6% of its total flock. The production has temporarily ceased, but the USDA assured that it does not pose an immediate public health concern. The company is working to secure production from other facilities to minimize customer disruption. Cal-Maine Foods maintains robust biosecurity programs and protocols to prevent exposure to other locations. The company is the largest producer and distributor of fresh shell eggs in the United States, offering various types of eggs including conventional, cage-free, organic, pasture-raised, free-range, and nutritionally enhanced eggs.
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10.31%
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Cal-Maine Foods, Inc. (NASDAQ: CALM) issued a statement regarding the recent jury verdict in a case involving United Egg Producers (UEP) and the plaintiffs, awarding $17,777,579 in damages. The company plans to petition the Court for a directed verdict and is considering an appeal.
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Cal-Maine Foods, Inc.

Nasdaq:CALM

CALM Rankings

CALM Stock Data

2.96B
42.37M
11.03%
95.89%
5.86%
Chicken Egg Production
Agriculture, Forestry, Fishing and Hunting
Link
US
Jackson

About CALM

we are the largest producer and marketer of shell eggs in the united states. in fiscal 2012, we sold approximately 884.3 million dozen shell eggs, which represented approximately 19% of domestic shell egg consumption. our total flock of approximately 26.2 million layers and 6.6 million pullets and breeders is the largest in the united states. layers are mature female chickens, pullets are young female chickens usually under 20 weeks of age, and breeders are male or female chickens used to produce fertile eggs to be hatched for egg production flocks. we operate in a single segment. our primary business is the production, grading, packaging, marketing and distribution of shell eggs. we sell most of our shell eggs in 29 states, primarily in the southwestern, southeastern, mid-western and mid-atlantic regions of the united states. we market our shell eggs through our extensive distribution network to a diverse group of customers, including national and regional grocery store chains, club s