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 (CALM), America's leading shell egg producer, provides investors and industry stakeholders with essential updates through this comprehensive news hub. Track official press releases, financial disclosures, and operational developments from the company behind trusted brands like Egg-Land's Best and 4-Grain.
This resource delivers timely information on quarterly earnings, production innovations, and market expansions within the poultry sector. Users will find updates on cage-free initiatives, organic product launches, and distribution network enhancements that shape CALM's position in the $10B+ U.S. egg market.
Key content includes executive leadership announcements, facility expansions, and strategic partnerships. The curated collection serves as a vital tool for monitoring food industry trends and regulatory impacts on agricultural operations.
Bookmark this page for direct access to primary source materials and analysis-free reporting on one of the food sector's most stable performers. Check regularly for updates that could influence investment decisions in the protein production space.
Cal-Maine Foods announces the appointment of Sherman L. Miller as its new President and Chief Executive Officer, effective immediately. He succeeds Dolph Baker, who will remain Chairman of the Board and actively involved in the company’s management. Miller has over 26 years of experience with Cal-Maine, most recently serving as President and Chief Operations Officer. The transition aligns with the Board's succession planning process. Both leaders express confidence in the company's growth trajectory and commitment to a sustainable operational strategy.
Cal-Maine Foods, Inc. (NASDAQ: CALM) provided an update on its facilities in Florida following Hurricane Ian. The company reported only minor physical damage and light flooding at some farms and production facilities. Power outages are affecting operations, which are being managed with backup generators. Importantly, Cal-Maine does not expect any significant loss in egg production. The company is closely monitoring the situation and prioritizing employee safety and animal welfare during this challenging time.
Cal-Maine Foods (NASDAQ: CALM) reported record first-quarter fiscal 2023 results, ending August 27, 2022, with net sales of $658.3 million, a 103% increase year-over-year. The company achieved net income of $125.3 million, or $2.58 per share, and a gross profit margin of 33.0%. Specialty egg sales surged with a revenue increase of 35.1% in units sold. The company announced a cash dividend of $0.85 per share. Challenges include inflationary pressures on costs and ongoing supply concerns due to the avian influenza outbreak.
Cal-Maine Foods (NASDAQ: CALM) announced it will release its Q1 fiscal 2023 financial results on September 27, 2022, after market close. The company is the largest producer and distributor of fresh shell eggs in the United States, offering various egg types including conventional, cage-free, and organic. Headquartered in Ridgeland, Mississippi, Cal-Maine serves a wide market across the southwestern, southeastern, mid-western, and mid-Atlantic regions.
Cal-Maine Foods reported a record net income of $110.0 million for Q4 2022, equating to $2.25 per diluted share, a substantial increase from a net loss of $4.2 million the previous year. Q4 net sales soared 69.5% year-over-year to $593.0 million, while total fiscal 2022 net income reached $132.7 million, with a gross margin of 19.0%. The company declared a cash dividend of $0.75 per share and plans a $55.3 million capital project to enhance cage-free production. Despite inflationary pressures, demand for specialty eggs drove higher sales and profitability.
Cal-Maine Foods, Inc. (NASDAQ: CALM) will release its fourth quarter and fiscal 2022 financial results on July 19, 2022. A press release will follow the close of market trading. Cal-Maine, headquartered in Ridgeland, Mississippi, is the largest producer of fresh shell eggs in the United States. The company specializes in various types of eggs including conventional, cage-free, organic, and free-range, distributing primarily across the southwestern, southeastern, mid-western, and mid-Atlantic regions.
Cal-Maine Foods (NASDAQ: CALM) has announced its participation in Oppenheimer's 22nd Annual Consumer Growth and E-Commerce Conference, scheduled for June 14-15, 2022. The company's CEO Dolph Baker and CFO Max Bowman will engage in a fireside chat on June 15 at 12:00 p.m. ET, accessible through a live audio webcast. The event's link and a supporting presentation will be available on the Cal-Maine Foods investor relations page. The company is the largest producer of fresh shell eggs in the U.S., offering various egg types from cage-free to organic.
Cal-Maine Foods, Inc. (NASDAQ: CALM) will participate in the BMO Global Farm to Market Conference on May 18-19, 2022, at The Lotte New York Palace in New York City. The fireside chat featuring Dolph Baker, CEO, and Max Bowman, CFO, is scheduled for 10:15 a.m. Eastern Time on May 18, and will be accessible via a live audio webcast. Cal-Maine, based in Ridgeland, Mississippi, is the largest producer of fresh shell eggs in the U.S., offering a variety of egg types including organic and cage-free options.
Cal-Maine Foods, Inc. (NASDAQ: CALM) will participate in the 25th Annual Burkenroad Reports Investment Conference on April 29, 2022, at The Westin Hotel Canal Place in New Orleans, Louisiana. The presentation by CEO Dolph Baker and CFO Max Bowman will start at approximately 10:00 a.m. Central Time. A supporting slide presentation can be accessed at calmainefoods.com/investors. The event is free and open to the public. For the conference agenda and registration, visit www.burkenroad.org.
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