Welcome to our dedicated page for Cal Maine Foods news (Ticker: CALM), a resource for investors and traders seeking the latest updates and insights on Cal Maine Foods stock.
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, and its news flow reflects that scale and focus. Company announcements frequently highlight performance in its core shell egg business, including conventional and specialty eggs such as cage-free, organic, brown, free-range, pasture-raised and nutritionally enhanced categories. Earnings releases provide detail on net sales, shell egg volumes, specialty mix, prepared foods contribution and key operating metrics like breeder flocks, chicks hatched and layer hens.
News about Cal-Maine Foods also covers the company’s growing prepared foods and egg products platform. Recent press releases describe strong growth in pre-cooked egg patties, omelets, folded and scrambled egg formats, hard-cooked eggs, protein pancakes and waffles, and specialty wraps, supported by acquisitions such as Echo Lake Foods and the Crepini Foods joint venture. Updates on capacity-expansion projects, network optimization efforts and investments in new production lines at Echo Lake Foods and Crepini are common themes.
Investors and industry followers can expect coverage of strategic initiatives, including the expansion of specialty eggs and prepared foods, the integration of acquired businesses, and the company’s capital allocation actions such as share repurchases and dividends under its variable dividend policy. Governance and leadership developments, such as the appointment of new directors and the creation of the Chief Strategy Officer role, are also reported through Cal-Maine Foods’ news releases.
This CALM news page aggregates these earnings reports, operational updates, strategic announcements and governance disclosures in one place, helping readers monitor how Cal-Maine Foods manages its egg-based food platform, responds to market conditions and executes on its stated priorities over time.
Cal-Maine Foods (NASDAQ: CALM), has announced it will release its fourth quarter and fiscal 2025 financial results on Tuesday, July 22, 2025. The company will issue a press release containing the financial results after market trading hours on that day.
Cal-Maine Foods (NASDAQ: CALM) has announced the pricing of a secondary offering of 2,978,740 common stock shares at $92.75 per share by the company founder's family members. The offering is expected to close on April 17, 2025.
Concurrent with this offering, the company will repurchase 551,876 shares (approximately $50 million) from the selling stockholders at the same price. This repurchase is part of CALM's newly approved $500 million share repurchase program announced on February 25, 2025, leaving $450 million remaining after this transaction.
Additionally, all outstanding Class A common stock shares (with ten votes per share) were converted to common stock, resulting in CALM no longer being a 'controlled company' under Nasdaq rules. Goldman Sachs & Co. serves as the sole underwriter for the offering.
Cal-Maine Foods (NASDAQ: CALM) has announced a significant secondary offering of 3,024,287 common stock shares by the family of its late founder Fred R. Adams, Jr. The selling stockholders include his four daughters and Board Chair Adolphus B. Baker.
In preparation for the offering, all Class A common stock was converted to common stock, resulting in CALM no longer being a 'controlled company' under Nasdaq rules. The company plans to repurchase up to $50 million of shares directly from the selling stockholders at the same price as the underwriter's purchase price.
The total offering will comprise 3,530,616 shares minus the company's repurchased amount. This repurchase is part of CALM's newly approved $500 million share repurchase program, with approximately $450 million remaining after this transaction. Goldman Sachs & Co. serves as the sole underwriter, with CALM not selling any shares or receiving proceeds from the offering.
Cal-Maine Foods (NASDAQ: CALM) reported strong Q3 fiscal 2025 results with net sales of $1.4 billion and net income of $508.5 million ($10.38 per diluted share). The company achieved record total dozens sold with a 10.2% increase to 331.4 million dozens.
Key highlights include:
- Net average selling price per dozen increased to $4.060 from $2.247 year-over-year
- 14% increase in average layer hens
- Announced $500 million share repurchase program
- Declared cash dividend of approximately $3.46 per share
Post-quarter, Cal-Maine announced a definitive agreement to acquire Echo Lake Foods for approximately $258 million. Echo Lake Foods, a Wisconsin-based producer of ready-to-eat egg products and breakfast foods, reported annual revenues of approximately $240 million in 2024. The acquisition is expected to close by fiscal 2025 end and be mid-single digit accretive to earnings starting fiscal 2026.
Cal-Maine Foods (NASDAQ: CALM) has announced it will release its third quarter fiscal 2025 financial results on Tuesday, April 8, 2025. The company will issue a press release containing the quarterly results after market trading hours on that day.
Cal-Maine Foods (NASDAQ: CALM) has announced a significant corporate restructuring involving two major developments. First, the company entered an agreement with its founder's family regarding the potential conversion of their super-voting Class A shares to common stock, which would reduce their voting power from 53.2% to 12.0% while maintaining their economic interest. This conversion would transform CALM from a controlled to a non-controlled company.
Second, the Board approved a new $500 million share repurchase program, demonstrating confidence in the company's financial strength and commitment to shareholder returns. The repurchase timing and execution will be at management's discretion, potentially including purchases from the founding family members' shares, subject to Special Committee approval.
The company will implement a staggered board structure with three classes of directors serving three-year terms, and Board Chair Dolph Baker will remain in his position through the 2027 annual meeting.
Cal-Maine Foods (NASDAQ: CALM) has announced the acquisition of Deal-Rite Feeds' assets in North Carolina, including two feed mills, storage facilities, grain, vehicles, equipment, and retail feed sales business located in Statesville and Union Grove. The acquisition, funded through available cash, strategically positions the facilities near CALM's North Carolina shell egg production operations.
According to Sherman Miller, president and CEO, this acquisition will help manage production costs and drive efficiencies, as feed is a primary cost component in shell egg production. The proximity of these feed mills will enable lower-cost feed formulation, production, and delivery with reduced travel distances to farms, supporting CALM's mission to be the most efficient and sustainable producer of fresh shell eggs and egg products.
Cal-Maine Foods (NASDAQ: CALM) reported strong Q2 fiscal 2025 results with net sales of $954.7 million and net income of $219.1 million ($4.47 per diluted share). The company achieved quarterly records for total dozens sold (329.8 million) and specialty dozens sold (120.2 million), representing significant growth from the previous year.
The strong performance was driven by robust demand, higher market prices, and restricted supply due to highly pathogenic avian influenza (HPAI) outbreaks. The company announced $60 million in new capital projects for cage-free capacity expansion, including five new layer houses and two pullet houses across multiple states, expected to add capacity for 1.1 million cage-free layer hens by late summer 2025.
Farm production costs decreased 8.5% year-over-year, with feed costs down 12.8%. The company declared a cash dividend of approximately $1.49 per share, payable on February 13, 2025.
Cal-Maine Foods (NASDAQ: CALM) has announced it will release its second quarter fiscal 2025 financial results on Tuesday, January 7, 2025. The company will issue a press release after market trading hours on that day.
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