Cal-Maine Foods posts $58.6M loss in Q1 FY2027
Cash and short-term investments were $767.592 million as of August 29, 2026.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Cal-Maine Foods, Inc. reported first-quarter fiscal 2027 net sales of $539.607 million, down 41.5% year over year, and gross profit of $403,000 versus $311.314 million. Operating loss was $82.165 million and net loss attributable to Cal-Maine Foods was $58.615 million, versus prior-year income of $249.184 million and $199.340 million, respectively; diluted loss per share was $1.26 versus earnings of $4.12. Increased supply and seasonally softer pricing pressured conventional shell egg prices.
Conventional Shell Eggs posted a segment loss of $71.045 million versus income of $168.236 million. Specialty Shell Eggs and Prepared Foods made up 54.1% of net sales, versus 37.1%. Cal-Maine Foods acquired additional Eggland’s Best franchise territory in the Northeast; ongoing projects are expected to raise Prepared Foods production capacity more than 60% by the first half of fiscal 2028, compared with fiscal 2026 year-end.
Cal-Maine Foods repurchased 66,601 shares for $5.0 million during the quarter and 204,888 shares for $14.9 million after quarter-end. It will not pay a first-quarter cash dividend; its variable dividend policy requires cumulative profitability from the last quarter in which a dividend was paid, and the cumulative loss to recover was $94.5 million as of August 29, 2026.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Positive
- None.
Negative
- Moderate pointNet sales fell 41.5% to $539.607 million year over year.
- Moderate pointNet income attributable to Cal-Maine Foods was a $58.615 million loss versus $199.340 million income.
Filing Explained
The program permits up to
8-K Event Classification
Key Figures
Key Terms
variable dividend policy financial
cost-plus pricing arrangements financial
involuntary conversion financial
Earnings Snapshot
Prepared Foods production capacity is expected to increase more than 60% by the first half of fiscal 2028, compared with fiscal 2026 year-end.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What were CALM's fiscal first-quarter 2027 results?
Did CALM pay a dividend for fiscal 2027's first quarter?
AI-generated analysis. How Rhea-AI works. Not financial advice.