Cal-Maine Foods Reports Fourth Quarter and Fiscal 2026 Results
Rhea-AI Summary
Cal-Maine Foods (Nasdaq: CALM) reported sharply lower results for the fourth quarter and fiscal year ended May 30, 2026, driven primarily by industry oversupply and historically low inflation-adjusted wholesale shell egg prices. Fourth-quarter net sales fell 49.9% to $552.6 million, with a net loss of $35.9 million versus $342.5 million net income a year ago, and diluted loss per share of $0.76 versus earnings of $7.01. For fiscal 2026, net sales declined 31.7% to $2.91 billion, net income dropped to $316.7 million from $1.22 billion, and diluted EPS fell to $6.63 from $24.95.
The company introduced a new segment structure—Conventional Shell Eggs, Specialty Shell Eggs, and Prepared Foods—and highlighted mix shift: in Q4, Prepared Foods represented 10.9% of net sales and Specialty Shell Eggs plus Prepared Foods 53.0%. Fiscal 2026 figures were 8.4% and 44.4%, respectively. Cal-Maine Foods acquired certain assets of Creighton Brothers and the Van’s brand, and after year-end secured additional Eggland’s Best franchise territory in the Northeast. It also announced a new $54 million investment to expand Prepared Foods capacity by about 30% starting in the first half of fiscal 2028, contributing to a projected >60% capacity increase from the end of fiscal 2026 through that period. The company repurchased 396,083 shares for $30.1 million in Q4 and, under its variable dividend policy, will not pay a dividend until it recovers a cumulative loss of $35.9 million.
Positive
- Q4 2026 net sales mix shift: Prepared Foods 10.9% of net sales; Specialty Shell Eggs plus Prepared Foods 53.0%
- Fiscal 2026 mix: Prepared Foods 8.4% of net sales; Specialty Shell Eggs plus Prepared Foods 44.4%
- Prepared Foods full-year operating income $33.9 million versus prior-year operating loss of $2.1 million
- New $54 million Prepared Foods investment adding ~30% incremental capacity beginning in first half of fiscal 2028
- Prepared Foods production capacity projected to increase by over 60% from end of fiscal 2026 through first half of fiscal 2028
- Share repurchases: 396,083 shares bought in Q4 2026 for $30.1 million; $320.7 million remains under $500 million authorization
Negative
- Q4 2026 net sales down 49.9% year over year to $552.6 million
- Fiscal 2026 net sales down 31.7% year over year to $2.91 billion
- Q4 2026 gross profit down 93.6% to $34.1 million; operating loss $58.8 million versus $435.9 million income
- Fiscal 2026 net income down 74.0% to $316.7 million; diluted EPS down 73.4% to $6.63
- Conventional Shell Eggs pricing: average selling price per dozen down 70.9% in Q4 and 50.9% for fiscal 2026
- No Q4 2026 dividend under variable policy; cumulative loss of $35.9 million must be recovered before future dividends
News Market Reaction – CALM
In the Jul 22 session, CALM gained 0.70%, reflecting a mild positive market reaction. Argus tracked a peak move of +2.7% during that session. Argus tracked a trough of -4.1% from its starting point during tracking. Our momentum scanner triggered 10 alerts that day, indicating notable trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jul 06 | Earnings date notice | Neutral | +0.3% | Scheduled fiscal 2026 fourth-quarter earnings release and conference call |
| Jun 29 | Legal resolution | Positive | +1.5% | Resolved claims with the Justice Department and 17 state attorneys general |
| Jun 23 | Board expansion | Positive | -0.7% | Added two independent directors and expanded the board to ten members |
| Jun 08 | Conference participation | Neutral | +1.8% | Announced management participation in the D.A. Davidson consumer conference |
| May 12 | Brand acquisition | Positive | +4.5% | Agreed to acquire Van’s Foods brand assets to expand prepared foods |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
The five prior reactions ranged from -0.68% to +4.55%, with the largest gain following the Van’s Foods acquisition.
Key Terms
operating segment financial
fixed-cost absorption financial
involuntary conversion financial
variable dividend policy financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Announces New Segment Reporting Structure, Acquisition of Additional Eggland’s Best® Franchise Territory, and New Prepared Foods Growth Investment
RIDGELAND, Miss., July 22, 2026 (GLOBE NEWSWIRE) -- Cal-Maine Foods, Inc. (Nasdaq: CALM) (“Cal-Maine Foods,” “we,” “us,” “our” or the “company”), the largest egg company in the United States and a leading player in the egg-based food industry, today reported results for its fourth quarter and fiscal year ended May 30, 2026. Unless otherwise indicated, all comparisons are to the comparable period of fiscal 2025.
Financial Highlights
| (in thousands except per share amounts and percentages) | ||||||||||||||||||||||||||||||
| Fourth Quarter | Fiscal Year | |||||||||||||||||||||||||||||
| 2026 | 2025 | $ Change | % Change | 2026 | 2025 | $ Change | % Change | |||||||||||||||||||||||
| Net sales | $ | 552,581 | $ | 1,103,658 | $ | (551,077 | ) | (49.9 | ) | % | $ | 2,911,632 | $ | 4,261,885 | $ | (1,350,253 | ) | (31.7 | ) | % | ||||||||||
| Gross profit | $ | 34,066 | $ | 531,510 | $ | (497,444 | ) | (93.6 | ) | % | $ | 672,049 | $ | 1,850,885 | $ | (1,178,836 | ) | (63.7 | ) | % | ||||||||||
| Operating income (loss) | $ | (58,811 | ) | $ | 435,851 | $ | (494,662 | ) | (113.5 | ) | % | $ | 350,186 | $ | 1,536,539 | $ | (1,186,353 | ) | (77.2 | ) | % | |||||||||
| Net income attributable to Cal-Maine Foods, Inc. | $ | (35,876 | ) | $ | 342,475 | $ | (378,351 | ) | (110.5 | ) | % | $ | 316,682 | $ | 1,220,048 | $ | (903,366 | ) | (74.0 | ) | % | |||||||||
| Income (loss) per share - diluted | $ | (0.76 | ) | $ | 7.01 | $ | (7.77 | ) | (110.8 | ) | % | $ | 6.63 | $ | 24.95 | $ | (18.32 | ) | (73.4 | ) | % | |||||||||
Strategic Execution Highlights
- Continued focus on sales diversification and mix shift, expected to strengthen earnings durability and predictability over time
- In the fourth quarter of fiscal 2026:
- Prepared Foods accounted for
10.9% of net sales - Combined, Specialty Shell Eggs and Prepared Foods increased to
53.0% of net sales
- Prepared Foods accounted for
- In fiscal 2026:
- Prepared Foods accounted for
8.4% of net sales - Combined, Specialty Shell Eggs and Prepared Foods grew to
44.4% of net sales
- Prepared Foods accounted for
- In the fourth quarter of fiscal 2026:
- Acquired certain assets of Creighton Brothers LLC and its affiliates, intended to further enhance vertically integrated operating model and strengthen connectivity across shell egg and prepared foods value chain
- Acquired the Van’s® brand, aimed at accelerating strategic evolution into value-added, consumer-facing prepared foods and further diversifying earnings profile
- Subsequent to fiscal year-end:
- Acquired additional Eggland’s Best® franchise territory in Northeast, expanding the company's distribution footprint and increasing its specialty shell egg category penetration across one of the nation’s largest, highest-income consumer markets
- Announced new
$54 million investment to further expand Prepared Foods production capacity:- Expected to add approximately
30% incremental production capacity beginning in the first half of fiscal 2028 - Builds on previously announced
30% organic capacity growth and6% Van’s® acquisition-driven capacity growth - Prepared Foods production capacity projected to increase by over
60% from the end of fiscal 2026 through the first half of fiscal 2028
- Expected to add approximately
Commentary
Sherman Miller, president and chief executive officer of Cal-Maine Foods, said, “Fiscal 2026, culminating in a particularly challenging fourth quarter, reinforced the importance of our strategy to enhance the structural mix of our business, expand our portfolio of products that support more stable and predictable financial performance, and reposition our pricing structure by reducing the impact of market-based pricing. Equally important has been maintaining a strong balance sheet, which provides the financial flexibility to navigate market cyclicality while supporting our long-term strategic priorities.
“During the quarter, industry oversupply drove wholesale shell egg prices to historically low inflation-adjusted levels. This dynamic was largely supply-driven rather than demand-driven, and we continue to see favorable long-term demand fundamentals across our end markets. The sustained trough pricing environment in the quarter provides a valuable stress-case reference point, demonstrating the resilience built through our strategic actions to date while highlighting the meaningful upside opportunity as our initiatives continue to mature.
“We are proud of the progress we have made this year executing our strategy. We are advancing our Prepared Foods network optimization and expansion initiatives on schedule, driving improved operating performance and sequential margin improvement in the quarter. We delivered Specialty Shell Egg volume growth for the full fiscal year with broad-based gains across subcategories. Notably, Specialty Shell Eggs plus Prepared Foods represented more than half of our net sales for the fourth quarter of fiscal 2026.”
New Reportable Operating Segments
Cal-Maine Foods previously operated as one operating and one reportable segment. Effective in the fourth quarter of fiscal 2026, the company implemented a new operating segment structure designed to better align with how management reviews operating results and makes decisions about resource allocation and strategic initiatives.
Cal-Maine Foods’ reportable operating segments now consist of the following:
- Conventional Shell Eggs
- Specialty Shell Eggs
- Prepared Foods
Cal-Maine Foods’ remaining operations, which include co-pack shell eggs, egg products, hard-cooked eggs and other business activities, are not reportable segments, as defined by the applicable accounting standard. All prior fiscal year periods have been recast to reflect the new reportable segments, and such recast information is included in the schedules accompanying this release.
Segment Results Summary
| Segment Sales | ||||||||||||||||||||||||||||||
| (in thousands except percentages) | ||||||||||||||||||||||||||||||
| Fourth Quarter | Fiscal Year | |||||||||||||||||||||||||||||
| 2026 | 2025 | Volume Change | Avg. Price Change | 2026 | 2025 | Volume Change | Avg. Price Change | |||||||||||||||||||||||
| Conventional Shell Eggs | $ | 210,765 | $ | 702,069 | 3.1 | % | (70.9 | ) | % | $ | 1,348,076 | $ | 2,755,859 | (0.3 | ) | % | (50.9 | ) | % | |||||||||||
| Specialty Shell Eggs | 239,731 | 305,142 | (5.9 | ) | % | (16.5 | ) | % | 1,070,458 | 1,154,951 | 2.4 | % | (9.5 | ) | % | |||||||||||||||
| Prepared Foods | 60,403 | 1,565 | N.M. | % | N.M. | % | 244,802 | 4,050 | N.M. | % | N.M. | % | ||||||||||||||||||
| Total Reportable Segments | $ | 510,899 | $ | 1,008,776 | $ | 2,663,336 | $ | 3,914,860 | ||||||||||||||||||||||
N.M. – Not Meaningful
| Operating Income (Loss) | ||||||||||||||||||||||||||||||
| (in thousands except percentages) | ||||||||||||||||||||||||||||||
| Fourth Quarter | Fiscal Year | |||||||||||||||||||||||||||||
| Operating Margin | Operating Margin | |||||||||||||||||||||||||||||
| 2026 | 2025 | 2026 | 2025 | 2026 | 2025 | 2026 | 2025 | |||||||||||||||||||||||
| Conventional Shell Eggs | $ | (40,587 | ) | $ | 370,499 | (19.3 | ) | % | 52.8 | % | $ | 216,641 | $ | 1,290,003 | 16.1 | % | 46.8 | % | ||||||||||||
| Specialty Shell Eggs | 17,538 | 87,129 | 7.3 | % | 28.6 | % | 181,544 | 333,602 | 17.0 | % | 28.9 | % | ||||||||||||||||||
| Prepared Foods | 8,820 | (647 | ) | 14.6 | % | (41.3 | ) | % | 33,882 | (2,119 | ) | 13.8 | % | (52.3 | ) | % | ||||||||||||||
| Total Reportable Segments | $ | (14,229 | ) | $ | 456,981 | (2.8 | ) | % | 45.3 | % | $ | 432,067 | $ | 1,621,486 | 16.2 | % | 41.4 | % | ||||||||||||
| Other - Segment Income (Loss) | (7,394 | ) | 25,535 | N/A | N/A | 19,044 | 42,091 | N/A | N/A | |||||||||||||||||||||
| Unallocated Corporate SG&A | (37,897 | ) | (45,923 | ) | N/A | N/A | (108,353 | ) | (127,141 | ) | N/A | N/A | ||||||||||||||||||
| Gain (Loss) on Involuntary Conversion | 851 | — | N/A | N/A | 8,819 | (156 | ) | N/A | N/A | |||||||||||||||||||||
| Gain (Loss) Disposal of Fixed Assets | (142 | ) | (742 | ) | N/A | N/A | (1,391 | ) | 259 | N/A | N/A | |||||||||||||||||||
| Operating Income (Loss) | $ | (58,811 | ) | $ | 435,851 | (10.6 | ) | % | 39.5 | % | $ | 350,186 | $ | 1,536,539 | 12.0 | % | 36.1 | % | ||||||||||||
N/A – Not Applicable
Conventional Shell Eggs
Fourth quarter and full-year performance reflected an egg pricing environment that deteriorated throughout fiscal 2026, with egg prices reaching historically low inflation-adjusted levels in the fourth quarter and remaining well below the record-high prices of the prior fiscal year. Market conditions were driven by elevated supply, resulting in low pricing. During fiscal 2026, supply increased to levels that left the market abundantly supplied, a sharp contrast to the severe shortages experienced in the prior fiscal year. In addition, the fourth and first fiscal quarters are typically the seasonally lowest periods for pricing, even under more normal supply conditions.
These headwinds were partially offset by the benefits of existing grain-based and hybrid pricing arrangements with certain customers and rigorous commercial execution. Volume increased
Specialty Shell Eggs
Fourth quarter volumes were more consistent with historical seasonal patterns, underlying demand, and typical pricing relationships across adjacent categories. Volumes decreased
As a result, the quarter reflects a seasonal reversion from an exceptionally strong prior-year period, while the broader segment continues to benefit from stable long-term pricing and favorable demand fundamentals. For the fiscal year, volume increased
Prepared Foods
For the fourth quarter, results reflected continued execution of previously announced network optimization and expansion initiatives. As these initiatives advanced on schedule, higher production improved utilization and fixed-cost absorption, driving stronger operating performance and sequential margin improvement. Sales prices and volume increased compared to the third quarter of fiscal 2026. The integration of Van’s® progressed in line with expectations, with early results demonstrating strong performance. The Crepini® joint venture continued to exhibit robust growth momentum, reinforcing the company’s ability to scale high-performing brands and products.
Outlook
Mr. Miller commented, "Looking ahead, we believe we are increasingly well positioned as market conditions improve, particularly as we move beyond our first quarter. During the first five weeks of our first quarter, Urner Barry reported that market prices averaged just
“More importantly, we believe the strategy we have been executing is beginning to gain traction. A key component of this strategy is expanding our presence in categories with attractive long-term growth opportunities and strong market positioning.
“We are excited about the expansion of our Eggland’s Best® franchise territory in the Northeast, which provides us with the right to distribute and sell Eggland’s Best® and Land O’Lakes® branded eggs in Maine, Massachusetts, New Hampshire, Rhode Island, and select key areas in Vermont, New York, and Connecticut. This expansion is expected to increase our Specialty Shell Egg volume by approximately
“We are also advancing our long-term growth strategy with a new
“We are still in the early stages of our evolution, with substantial runway to grow our value-added businesses through both organic expansion and targeted acquisitions. As our portfolio continues to mature, we expect a greater share of earnings to come from higher-quality, less cyclical sources, creating a more consistent earnings profile and positioning the company for sustainable growth and long-term shareholder value creation.”
Share Repurchase Update
Cal-Maine Foods repurchased 396,083 shares of its common stock under the company’s current share repurchase authorization during the fourth quarter for a total of
Dividend Payment
Pursuant to the company’s variable dividend policy, Cal-Maine Foods will not pay a cash dividend for the fourth quarter and will not pay a dividend for a subsequent profitable quarter until the company is profitable on a cumulative basis computed from the date of the last quarter in which a dividend was paid. As of May 30, 2026, the total cumulative loss to be recovered before payment of any future dividends under our variable dividend policy was
Conference Call and Webcast
Management will host a conference call and webcast at 9:00 a.m. ET on July 22, 2026. Participants can access the live webcast on the Investor Relations page of the Cal-Maine Foods website at https://www.calmainefoods.com/events-presentations. To join by telephone, participants can register here. Upon registration, participants will receive a confirmation email with detailed instructions, including a dial-in number, unique passcode, and registrant ID. A replay of the webcast will be available for 30 days following the call on the Investor Relations page of the Cal-Maine Foods website at https://www.calmainefoods.com/events-presentations.
About Cal-Maine Foods
Cal-Maine Foods, Inc. (Nasdaq: CALM) is the largest egg company in the United States and a leading player in the egg-based food industry. With a strong national footprint, Cal-Maine Foods provides nutritious, affordable, and sustainable protein to millions of households every day.
The company’s portfolio spans the full egg value ladder—from conventional to specialty, including cage-free, organic, brown, free-range, pasture-raised, and nutritionally enhanced—serving both retail and foodservice customers nationwide. Cal-Maine Foods also participates in the growing prepared foods sector, with offerings such as pre-cooked egg patties, omelets, folded and scrambled egg formats, hard-cooked eggs, pancakes, waffles, and specialty wraps. Its branded portfolio includes Eggland’s Best®, Land O’Lakes®, Farmhouse Eggs®, 4Grain®, Sunups®, Sunny Meadow®, MeadowCreek Foods®, Van’s®, and Crepini®.
Headquartered in Ridgeland, Mississippi, Cal-Maine’s strategy combines scale, operational excellence, and financial discipline with a commitment to innovation and sustainability, to enable the company to deliver trusted nutrition, enduring partnerships, and long-term value for its stakeholders.
Forward Looking Statements
Statements contained in this press release that are not historical facts are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. The forward-looking statements are based on management’s current intent, belief, expectations, estimates and projections regarding our Company and our industry. These statements are not guarantees of future performance and involve risks, uncertainties, assumptions and other factors that are difficult to predict and may be beyond our control. The factors that could cause actual results to differ materially from those projected in the forward-looking statements include, among others, (i) the risk factors set forth the company’s SEC Filings (including its Annual Report on Form 10-K, as updated in Part II Item 1A of the company’s quarterly reports on Form 10-Q and Current Reports on Form 8-K), (ii) changes in wholesale shell egg market prices, (iii) changes in the demand for shell eggs and our prepared foods offerings, (iv) increases in feed costs for our shell egg operations as well as increases in input costs for prepared foods, (v) our ability to predict and meet demand for cage-free and other specialty shell eggs, (vi) the risks and hazards inherent in shell egg, egg products and prepared foods operations (including, as applicable, disease, pests, weather conditions, and potential for product recall), including but not limited to the current outbreak of HPAI affecting poultry in the U.S., Canada and other countries that was first detected in commercial flocks in the U.S. in February 2022 and that impacted our flocks in the third and fourth quarters of fiscal 2024 and again in March 2026, (vii) risks, changes, or obligations that could result from our recent or future acquisition of new flocks or businesses, such as our acquisition of Echo Lake Foods completed June 2, 2025, and risks or changes that may cause conditions to completing a pending acquisition not to be met, (viii) our ability to successfully integrate and manage recently acquired businesses like Echo Lake Foods and realize the expected benefits of such acquisitions, including synergies, cost savings, reduction in earnings volatility, margin expansion, financial returns, expanded customer relationships, or sales or growth opportunities, (ix) our ability to produce, supply and distribute shell eggs and prepared foods efficiently and reliably, (x) our ability to compete effectively with existing competitors and new market entrants, retain existing customers, acquire new customers and grow our product mix including our prepared foods product offerings, (xi) the impacts of government, customer and consumer reactions to high market prices for eggs, including, without limitation, potential new or expanded government regulations, (xii) risks relating to potential changes in inflation, interest rates and trade and tariff policies, (xiii) the loss or expiration of any registered trademarks or other intellectual property that we use in our business, (xiv) adverse results in pending litigation and other legal matters, and (xv) global instability, including as a result of geopolitical conflicts and other uncertainties. The Company’s SEC filings may be obtained from the SEC or the company’s website, www.calmainefoods.com. Readers are cautioned not to place undue reliance on forward-looking statements because, while we believe the assumptions on which the forward-looking statements are based are reasonable, there can be no assurance that these forward-looking statements will prove to be accurate. Further, forward-looking statements included herein are made only as of the respective dates thereof, or if no date is stated, as of the date hereof. Except as otherwise required by law, we disclaim any intent or obligation to update publicly these forward-looking statements, whether because of new information, future events, or otherwise.
| CAL-MAINE FOODS, INC. AND SUBSIDIARIES FINANCIAL HIGHLIGHTS (Unaudited) (In thousands, except per share amounts) SUMMARY STATEMENTS OF INCOME | ||||||||||||||||
| 13 Weeks Ended | 52 Weeks Ended | |||||||||||||||
| May 30, 2026 | May 31, 2025 | May 30, 2026 | May 31, 2025 | |||||||||||||
| Net sales | $ | 552,581 | $ | 1,103,658 | $ | 2,911,632 | $ | 4,261,885 | ||||||||
| Cost of sales | 518,515 | 572,148 | 2,239,583 | 2,411,000 | ||||||||||||
| Gross profit | 34,066 | 531,510 | 672,049 | 1,850,885 | ||||||||||||
| Selling, general and administrative | 93,586 | 94,917 | 329,291 | 314,449 | ||||||||||||
| (Gain) loss on involuntary conversions | (851 | ) | — | (8,819 | ) | 156 | ||||||||||
| (Gain) loss on disposal of fixed assets | 142 | 742 | 1,391 | (259 | ) | |||||||||||
| Operating income (loss) | (58,811 | ) | 435,851 | 350,186 | 1,536,539 | |||||||||||
| Other income, net | 12,285 | 17,348 | 60,818 | 66,603 | ||||||||||||
| Income (loss) before income taxes | (46,526 | ) | 453,199 | 411,004 | 1,603,142 | |||||||||||
| Income tax expense (benefit) | (11,486 | ) | 111,069 | 92,892 | 384,910 | |||||||||||
| Net income (loss) | (35,040 | ) | 342,130 | 318,112 | 1,218,232 | |||||||||||
| Less: Income (loss) attributable to noncontrolling interest | 836 | (345 | ) | 1,430 | (1,816 | ) | ||||||||||
| Net income (loss) attributable to Cal-Maine Foods, Inc. | $ | (35,876 | ) | $ | 342,475 | $ | 316,682 | $ | 1,220,048 | |||||||
| Net income (loss) per common share: | ||||||||||||||||
| Basic | $ | (0.76 | ) | $ | 7.03 | $ | 6.65 | $ | 25.04 | |||||||
| Diluted | $ | (0.76 | ) | $ | 7.01 | $ | 6.63 | $ | 24.95 | |||||||
| Weighted average shares outstanding: | ||||||||||||||||
| Basic | 47,000 | 48,696 | 47,650 | 48,719 | ||||||||||||
| Diluted | 47,000 | 48,821 | 47,781 | 48,891 | ||||||||||||
| CAL-MAINE FOODS, INC. AND SUBSIDIARIES FINANCIAL HIGHLIGHTS (Unaudited) (In thousands) SUMMARY BALANCE SHEETS | ||||||||
| May 30, 2026 | May 31, 2025 | |||||||
| ASSETS | ||||||||
| Cash and short-term investments | $ | 924,057 | $ | 1,392,100 | ||||
| Receivables, net | 264,431 | 272,361 | ||||||
| Inventories, net | 375,265 | 295,670 | ||||||
| Prepaid expenses and other current assets | 17,789 | 7,979 | ||||||
| Current assets | 1,581,542 | 1,968,110 | ||||||
| Property, plant and equipment, net | 1,318,335 | 1,026,684 | ||||||
| Other noncurrent assets | 207,693 | 89,825 | ||||||
| Total assets | $ | 3,107,570 | $ | 3,084,619 | ||||
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||||||||
| Accounts payable and accrued expenses | $ | 205,516 | $ | 194,208 | ||||
| Dividends payable | — | 114,163 | ||||||
| Current liabilities | 205,516 | 308,371 | ||||||
| Deferred income taxes and other liabilities | 261,522 | 210,233 | ||||||
| Stockholders' equity | 2,640,532 | 2,566,015 | ||||||
| Total liabilities and stockholders' equity | $ | 3,107,570 | $ | 3,084,619 | ||||
| CAL-MAINE FOODS, INC. AND SUBSIDIARIES FINANCIAL HIGHLIGHTS (Unaudited) (In thousands) SUMMARY SEGMENT INCOME | |||||||||||||||
| Conventional Shell Eggs | |||||||||||||||
| Fiscal Year 2026 | |||||||||||||||
| 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | ||||||||||||
| Net sales - external customers | $ | 486,523 | $ | 350,452 | $ | 271,556 | $ | 201,026 | |||||||
| Intersegment sales | 11,910 | 10,035 | 6,835 | 9,739 | |||||||||||
| Total segment sales | 498,433 | 360,487 | 278,391 | 210,765 | |||||||||||
| Segment COGS | 312,205 | 273,170 | 240,567 | 233,237 | |||||||||||
| Segment SG&A | 17,992 | 17,495 | 18,654 | 18,115 | |||||||||||
| Segment operating income | $ | 168,236 | $ | 69,822 | $ | 19,170 | $ | (40,587 | ) | ||||||
| Fiscal Year 2025 | |||||||||||||||
| 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | ||||||||||||
| Net sales - external customers | $ | 462,018 | $ | 588,004 | $ | 964,061 | $ | 689,419 | |||||||
| Intersegment sales | 10,332 | 12,735 | 16,640 | 12,650 | |||||||||||
| Total segment sales | 472,350 | 600,739 | 980,701 | 702,069 | |||||||||||
| Segment COGS | 308,879 | 342,667 | 428,040 | 313,626 | |||||||||||
| Segment SG&A | 17,956 | 18,221 | 18,523 | 17,944 | |||||||||||
| Segment operating income | $ | 145,515 | $ | 239,851 | $ | 534,138 | $ | 370,499 | |||||||
| Fiscal Year 2024 | |||||||||||||||
| 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | ||||||||||||
| Net sales - external customers | $ | 214,773 | $ | 266,782 | $ | 392,199 | $ | 353,149 | |||||||
| Intersegment sales | 5,441 | 4,454 | 5,476 | 5,018 | |||||||||||
| Total segment sales | 220,214 | 271,236 | 397,675 | 358,167 | |||||||||||
| Segment COGS | 228,197 | 239,499 | 263,730 | 238,605 | |||||||||||
| Segment SG&A | 16,673 | 15,893 | 15,710 | 15,284 | |||||||||||
| Segment operating income | $ | (24,656 | ) | $ | 15,844 | $ | 118,235 | $ | 104,278 | ||||||
| CAL-MAINE FOODS, INC. AND SUBSIDIARIES FINANCIAL HIGHLIGHTS (Unaudited) (In thousands) SUMMARY SEGMENT INCOME | |||||||||||||||
| Specialty Shell Eggs | |||||||||||||||
| Fiscal Year 2026 | |||||||||||||||
| 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | ||||||||||||
| Net sales - external customers | $ | 269,579 | $ | 271,941 | $ | 275,254 | $ | 232,454 | |||||||
| Intersegment sales | 6,011 | 4,806 | 3,136 | 7,277 | |||||||||||
| Total segment sales | 275,590 | 276,747 | 278,390 | 239,731 | |||||||||||
| Segment COGS | 184,575 | 186,830 | 210,693 | 195,822 | |||||||||||
| Segment SG&A | 26,819 | 28,263 | 29,541 | 26,371 | |||||||||||
| Segment operating income | $ | 64,196 | $ | 61,654 | $ | 38,156 | $ | 17,538 | |||||||
| Fiscal Year 2025 | |||||||||||||||
| 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | ||||||||||||
| Net sales - external customers | $ | 241,620 | $ | 272,233 | $ | 314,590 | $ | 298,158 | |||||||
| Intersegment sales | 6,086 | 5,554 | 9,726 | 6,984 | |||||||||||
| Total segment sales | 247,706 | 277,787 | 324,316 | 305,142 | |||||||||||
| Segment COGS | 168,890 | 179,280 | 178,985 | 190,256 | |||||||||||
| Segment SG&A | 24,923 | 27,737 | 23,521 | 27,757 | |||||||||||
| Segment operating income | $ | 53,893 | $ | 70,770 | $ | 121,810 | $ | 87,129 | |||||||
| Fiscal Year 2024 | |||||||||||||||
| 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | ||||||||||||
| Net sales - external customers | $ | 193,674 | $ | 203,503 | $ | 243,273 | $ | 222,847 | |||||||
| Intersegment sales | 2,683 | 2,199 | 2,721 | 2,719 | |||||||||||
| Total segment sales | 196,357 | 205,702 | 245,994 | 225,566 | |||||||||||
| Segment COGS | 157,112 | 157,392 | 170,152 | 163,580 | |||||||||||
| Segment SG&A | 20,263 | 20,904 | 24,119 | 23,902 | |||||||||||
| Segment operating income | $ | 18,982 | $ | 27,406 | $ | 51,723 | $ | 38,084 | |||||||
| CAL-MAINE FOODS, INC. AND SUBSIDIARIES FINANCIAL HIGHLIGHTS (Unaudited) (In thousands) SUMMARY SEGMENT INCOME | |||||||||||||||
| Prepared Foods | |||||||||||||||
| Fiscal Year 2026 | |||||||||||||||
| 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | ||||||||||||
| Net sales - external customers | $ | 72,368 | $ | 60,012 | $ | 52,019 | $ | 60,403 | |||||||
| Intersegment sales | — | — | — | — | |||||||||||
| Total segment sales | 72,368 | 60,012 | 52,019 | 60,403 | |||||||||||
| Segment COGS | 53,471 | 45,218 | 42,978 | 43,703 | |||||||||||
| Segment SG&A | 5,676 | 5,784 | 6,210 | 7,880 | |||||||||||
| Segment operating income | $ | 13,221 | $ | 9,010 | $ | 2,831 | $ | 8,820 | |||||||
| Fiscal Year 2025 | |||||||||||||||
| 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | ||||||||||||
| Net sales - external customers | $ | — | $ | 1,024 | $ | 1,461 | $ | 1,565 | |||||||
| Intersegment sales | — | — | — | — | |||||||||||
| Total segment sales | — | 1,024 | 1,461 | 1,565 | |||||||||||
| Segment COGS | — | 1,303 | 1,609 | 1,599 | |||||||||||
| Segment SG&A | — | 460 | 585 | 613 | |||||||||||
| Segment operating income | $ | — | $ | (739 | ) | $ | (733 | ) | $ | (647 | ) | ||||
Contacts
Investors: ir@cmfoods.com
Media: media@cmfoods.com
Telephone: (601) 948-6813
