Earnings summaries and quarterly performance for CAL-MAINE FOODS.
Executive leadership at CAL-MAINE FOODS.
Sherman L. Miller
President and Chief Executive Officer
Adolphus B. Baker
Board Chair
Keira L. Lombardo
Chief Strategy Officer
Max P. Bowman
Vice President, Chief Financial Officer, Treasurer and Secretary
Michael T. Walters
Vice President – Operations and Chief Operating Officer
Robert L. Holladay, Jr.
Vice President – General Counsel
Scott D. Hull
Vice President – Sales
Board of directors at CAL-MAINE FOODS.
Research analysts who have asked questions during CAL-MAINE FOODS earnings calls.
Benjamin Mayhew
BMO Capital Markets
1 question for CALM
Ben Klieve
Lake Street Capital Markets
1 question for CALM
Heather Jones
Heather Jones Research
1 question for CALM
Leah Jordan
Goldman Sachs Group, Inc.
1 question for CALM
Pooran Sharma
Stephens Inc.
1 question for CALM
Recent press releases and 8-K filings for CALM.
- For the first half of fiscal 2026, Cal-Maine Foods reported net sales of $1.7 billion, a 2.8% decrease, and diluted earnings per share of $6.26, down 17% compared to the prior year. However, net cash flow from operations increased 55.5% to $373.4 million.
- The company is significantly shifting its sales mix, with specialty eggs and prepared foods combined accounting for 42.8% of net sales in the first half of fiscal 2026, up from 32.4% in the first half of fiscal 2025. Specialty egg sales increased 4.7% to $569.2 million, and prepared food sales surged 702.9% to $155.6 million in H1 FY2026.
- Cal-Maine Foods is undertaking strategic investments, including a $15 million project for scrambled egg production and a $14.8 million high-speed pancake line, along with a $7 million investment in the Crepini joint venture, aiming to increase total prepared foods capacity by over 30% in the next 18-24 months.
- The company also acquired Clean Egg LLC in Texas, expanding its specialty cage-free and free-range egg capacity by 677,000 layers and pullets.
- Management anticipates a continued pullback in prepared foods in Q3 2026 due to ongoing optimization efforts, with recovery and growth expected from Q4 2026 onwards. The High-path AI virus remains a significant and unpredictable structural reality for the industry.
- Cal-Maine Foods reported net sales of $769.5 million and diluted earnings per share of $2.13 for Q2 fiscal 2026, representing declines of 19.4% and 52.3% respectively compared to the prior year, primarily driven by 26.5% lower shell egg selling prices.
- The company's strategic diversification into specialty eggs and prepared foods continues, with these segments combined representing 46.4% of net sales in Q2 2026, up from 31.2% in Q2 2025. Prepared food sales saw a significant increase of 586.4% to $71.7 million in Q2 2026.
- Cal-Maine is investing in prepared foods capacity expansion, with projects totaling $15 million for scrambled eggs and $14.8 million for a pancake line, aiming to increase total prepared foods capacity by over 30% in the next 18-24 months. The company also acquired Clean Egg LLC to expand specialty cage-free and free-range egg capacity.
- The company maintains a strong financial position, ending Q2 2026 with $1.1 billion in cash and temporary cash investments and remaining virtually debt-free. It declared a cash dividend of $0.72 per share and repurchased $74.8 million of common stock during the quarter.
- Management highlighted that the company is more diversified and resilient than in previous low-market conditions, with prepared foods expected to benefit from lower egg prices and specialty eggs projected to eventually comprise over 50% of total shell egg net sales.
- Cal-Maine Foods reported Net Sales of $769.5 million and Diluted EPS of $2.13 for Q2 Fiscal 2026.
- The company's strategic shift towards diversification continued, with Specialty Eggs + Prepared Foods growing to 46% of Net Sales in Q2 FY26, an increase from 31% in Q2 FY25.
- Cal-Maine Foods is investing in expanding its Prepared Foods capabilities, with new projects expected to add 17 million pounds annually of scrambled egg production by mid-fiscal 2027, contributing to a total Prepared Foods capacity increase of more than 30% over the next 18-24 months.
- During Q2 FY26, the company repurchased 846,037 shares of common stock for $74.8 million, with $375.2 million remaining under its share repurchase authorization.
- For the second quarter ended November 29, 2025, Cal-Maine Foods, Inc. reported net sales of $769.5 million, net income attributable to Cal-Maine Foods of $102.8 million, and diluted earnings per share of $2.13.
- The company continued its strategic focus on diversification, with specialty eggs and prepared foods combined accounting for 46.4% of net sales in Q2 fiscal 2026, an increase of 1,520 basis points.
- Cal-Maine Foods announced a $36 million investment to centralize and expand prepared foods production and acquired Clean Egg, LLC production assets to expand specialty, free-range egg capacity.
- During the quarter, Cal-Maine Foods repurchased 846,037 shares of its common stock for a total of $74.8 million, with $375.2 million remaining under its current share repurchase authorization.
- A cash dividend of approximately $0.72 per share will be paid for the second quarter of fiscal 2026.
- Cal-Maine Foods reported net sales of $769.5 million for the second quarter of fiscal 2026, a 19.4% decrease compared to the prior year, with diluted earnings per share of $2.13, down 52.3%.
- The company is strategically shifting its sales mix, with specialty eggs and prepared foods combined accounting for 46.4% of net sales in Q2 FY26, an increase of 1,520 basis points. Prepared foods sales alone surged 586.4% to $71.7 million in the second quarter.
- Cal-Maine Foods announced a $36 million investment to centralize and expand prepared foods production, increasing capacity by over 30%, and acquired Clean Egg, LLC production assets to expand specialty, free-range egg capacity.
- During the quarter, the company repurchased 846,037 shares of its common stock for $74.8 million and declared a cash dividend of approximately $0.72 per share for the second quarter of fiscal 2026.
- Cal-Maine Foods reported its strongest first quarter in company history for Q1 FY26, with net sales of $922.6 million and diluted EPS of $4.12.
- The company's strategic focus on diversification saw Specialty Eggs + Prepared Foods grow to nearly 40% of net sales, with Prepared Foods alone increasing to over 9% of net sales.
- The acquisition of Echo Lake Foods, completed on June 2, 2025, contributed $70.5 million to Q1 FY26 revenue, and a new $15 million investment has been approved to expand its capacity.
- Cal-Maine Foods continues its disciplined capital allocation, including a share repurchase program with $450 million remaining under its $500 million authorization.
- Cal-Maine Foods reported a strong Q1 fiscal 2026, with net sales of $922.6 million, an increase of 17.4% year-over-year, and net income of $199.3 million, or $4.12 per diluted share.
- The company's diversification strategy is advancing, with specialty eggs and prepared foods contributing nearly 40% of net sales. Prepared foods sales surged over 800% to $83.9 million, largely driven by the successful integration of Echo Lake Foods.
- Operating cash flow more than doubled to $278.6 million, and the company maintains a strong financial position with $252 million in cash and $1 billion in investments, while remaining virtually debt-free.
- Cal-Maine Foods announced a dividend of $1.37 per share and is pursuing an opportunistic share repurchase program, having already utilized $50 million of its authorization.
- Cal-Maine Foods achieved its strongest first quarter in history for Q1 2026, reporting net sales of $922.6 million, a 17.4% increase year-over-year, and net income of $199.3 million, or $4.12 per diluted share.
- This growth was primarily fueled by strong performance in specialty eggs, with sales up 10% to $283.5 million, and a significant increase in prepared foods sales, which rose over 800% to $83.9 million, largely due to the Echo Lake Foods acquisition.
- The company is strategically shifting its portfolio towards higher-margin categories, with specialty eggs and prepared foods together accounting for nearly 40% of net sales, and plans further investments, including a $14.8 million expansion for a new pancake production line.
- Cal-Maine Foods reported strong operating cash flow of $278.6 million and maintains a virtually debt-free position, supporting a capital allocation strategy that includes a $1.37 per share dividend and opportunistic share repurchases.
- Cal-Maine Foods, Inc. reported its strongest first quarter in company history for fiscal 2026, with net sales of $922.6 million, a 17.4% increase, and diluted earnings per share of $4.12, up 34.6%.
- The company's growth was significantly driven by a 10.4% increase in specialty egg sales and an 839.1% rise in prepared foods sales, with the Echo Lake Foods acquisition contributing $70.5 million to net sales.
- Specialty eggs and prepared foods combined accounted for 39.8% of net sales in Q1 2026, up from 33.8% in the comparable period of fiscal 2025, underscoring their central role in the company's strategy.
- Cal-Maine Foods declared a cash dividend of approximately $1.37 per share for Q1 2026, payable on November 13, 2025.
- An incremental investment of $14.8 million is being made in a new high-speed pancake production line at its Burlington, Wisconsin facility, which will add 12 million pounds of annual pancake capacity.
- Cal-Maine Foods reported its strongest first quarter in company history for fiscal 2026, with net sales of $922.6 million, an increase of 17.4%, and diluted earnings per share of $4.12, up 34.6% compared to the prior year.
- The company's growth was significantly driven by prepared foods sales of $83.9 million, an increase of 839.1%, with the Echo Lake acquisition contributing $70.5 million in sales, and a 10.4% rise in specialty egg sales to $283.5 million.
- Specialty eggs and prepared foods combined accounted for 39.8% of net sales in the first quarter, reflecting a strategic diversification.
- Cal-Maine Foods declared a cash dividend of approximately $1.37 per share for the first quarter of fiscal 2026.
Quarterly earnings call transcripts for CAL-MAINE FOODS.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more