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CAL-MAINE FOODS (CALM)

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Earnings summaries and quarterly performance for CAL-MAINE FOODS.

Recent press releases and 8-K filings for CALM.

Cal-Maine Foods Reports Q2 2026 Results, Highlights Diversification and Strategic Investments
CALM
Earnings
New Projects/Investments
M&A
  • 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.
Jan 7, 2026, 2:00 PM
CALM Reports Q2 2026 Results Amid Strategic Diversification and Capacity Expansion
CALM
Earnings
New Projects/Investments
M&A
  • 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.
Jan 7, 2026, 2:00 PM
Cal-Maine Foods Reports Q2 Fiscal 2026 Results with Strong Performance and Strategic Growth
CALM
Earnings
Share Buyback
New Projects/Investments
  • 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.
Jan 7, 2026, 2:00 PM
Cal-Maine Foods Reports Second Quarter Fiscal 2026 Results
CALM
Earnings
Dividends
Share Buyback
  • 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.
Jan 7, 2026, 11:10 AM
Cal-Maine Foods Reports Second Quarter Fiscal 2026 Results
CALM
Earnings
New Projects/Investments
Share Buyback
  • 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.
Jan 7, 2026, 11:00 AM
Cal-Maine Foods Reports Record Q1 FY26 Results and Highlights Strategic Growth
CALM
Earnings
M&A
New Projects/Investments
  • 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.
Oct 1, 2025, 1:00 PM
CALM Reports Strong Q1 2026 Financial Results and Strategic Progress
CALM
Earnings
Dividends
Share Buyback
  • 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.
Oct 1, 2025, 1:00 PM
Cal-Maine Foods Reports Strongest First Quarter in History for Q1 2026
CALM
Earnings
Revenue Acceleration/Inflection
M&A
  • 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.
Oct 1, 2025, 1:00 PM
Cal-Maine Foods Reports Record Q1 2026 Financial Results Driven by Specialty Eggs and Prepared Foods
CALM
Earnings
Revenue Acceleration/Inflection
M&A
  • 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.
Oct 1, 2025, 10:09 AM
Cal-Maine Foods Reports Strong First Quarter Fiscal 2026 Results
CALM
Earnings
Dividends
M&A
  • 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.
Oct 1, 2025, 10:03 AM

Quarterly earnings call transcripts for CAL-MAINE FOODS.