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 appointed Keira Lombardo as its first-ever Chief Strategy Officer (CSO), effective immediately. Lombardo, a seasoned food and agriculture executive with over 20 years of experience, joins from Dairy MAX where she served as CEO overseeing approximately 700 farm families across eight states.
In her new role, Lombardo will focus on enterprise strategy, stakeholder engagement, corporate affairs, public relations, and digital integration. She previously held senior executive positions at Smithfield Foods, where she helped transform the company from a commodity protein producer to a branded CPG business.
The appointment reflects Cal-Maine Foods' commitment to driving long-term value through operational excellence, innovation, and enhanced stakeholder engagement.
Cal-Maine Foods (NASDAQ: CALM) reported strong Q4 and fiscal 2025 results, with quarterly net sales of $1.1 billion and net income of $342.5 million ($7.04 per share). Fiscal year performance showed net sales of $4.3 billion and net income of $1.2 billion ($24.95 per share).
The company achieved record specialty egg sales and expanded production capacity through an 18% increase in layer hens. Key developments include the acquisition of Echo Lake Foods, completion of a public stock offering, and implementation of a $500 million share repurchase program, of which $50 million was executed. The company declared a $2.35 per share dividend.
Net average selling price per dozen increased to $3.305 in Q4 2025 from $2.133 in Q4 2024, driven by reduced industry supply due to avian influenza outbreaks and strong Easter holiday demand.
Cal-Maine Foods (NASDAQ: CALM), the nation's leading egg producer, has published its Fiscal 2024 Sustainability Report, marking the sixth consecutive year of sustainability reporting. The report showcases the company's progress on key sustainability initiatives, utilizing frameworks from the United Nations Sustainable Development Goals and Sustainability Accounting Standards Board (SASB).
CEO Sherman Miller emphasized the company's commitment to ethical business practices, responsible growth, and environmental stewardship since its founding in 1957. The report outlines Cal-Maine's mission to be the most sustainable producer and reliable supplier of high-quality fresh eggs and egg products in the country.
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.