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Cal-Maine Foods Inc - CALM STOCK NEWS

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 (Symbol: CALM) is the largest producer and marketer of shell eggs in the United States. Founded in 1969, the company has grown to dominate approximately 19% of the domestic shell egg consumption. Cal-Maine Foods operates a robust total flock, comprising approximately 26.2 million layers, 6.6 million pullets, and breeders, making it the country's leading egg producer. The primary business operations include production, grading, packaging, marketing, and distribution of shell eggs, catering to national and regional grocery chains, club stores, and food service distributors across 29 states, predominantly in the southwestern, southeastern, mid-western, and mid-Atlantic regions.

The company's product portfolio features a wide range of shell eggs, including nutritionally enhanced, cage-free, organic, and brown eggs. Cal-Maine Foods markets these products under well-known brands such as Egg-Land's, Land O' Lakes, Farmhouse, and 4-Grain. These brands are widely recognized for their quality and nutritional benefits.

In recent years, Cal-Maine Foods has focused on expanding its market reach and enhancing its production capabilities. The company has invested significantly in technology to improve efficiency and maintain high standards of animal welfare. Additionally, strategic partnerships and acquisitions have played a crucial role in its growth trajectory.

Financially, Cal-Maine Foods has demonstrated strong performance, reflecting its leading position in the market. The company reports its operations under a single segment, emphasizing its concentrated focus on the shell egg market. Staying abreast of consumer trends, Cal-Maine Foods continues to innovate, addressing the increasing demand for specialty eggs and sustainable farming practices.

Overall, Cal-Maine Foods stands out for its extensive distribution network, commitment to quality, and ongoing efforts to meet the evolving preferences of consumers. For investors and stakeholders, the company's continuous growth and adaptation to market dynamics make it a significant player in the agricultural sector.

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Cal-Maine Foods, Inc. (CALM) is set to participate in the 27th Annual Burkenroad Reports Investment Conference at Tulane University. The presentation by the company's management will take place on April 26, 2024, in New Orleans, Louisiana. Investors can access the information from the conference in the Fiscal Year 2024 3rd Quarter Investor Presentation.
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Cal-Maine Foods, Inc. announces the retirement of Senior Vice President of Sales, Jeff Hardin, effective July 23, 2024. Scott Hull, Vice President of Sales, will take over the executive officer role immediately. Hardin, with the company since 1988, played a vital role in sales growth and customer relationships. Hull, part of the company since 2009, has a proven track record in sales leadership.
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Cal-Maine Foods, Inc. (NASDAQ: CALM) reported strong financial performance in Q3 FY 2024 with net sales of $703.1 million, net income of $146.4 million, and record sales volume. The company faced challenges due to HPAI outbreaks impacting egg prices but managed to meet strong consumer demand. Cal-Maine Foods acquired assets of Fassio Egg Farms, Inc. and Tyson Foods, Inc. to enhance its production capacity. Despite lower egg prices, the company remains optimistic about future growth opportunities and maintaining dividend payments.
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Cal-Maine Foods, Inc. (NASDAQ: CALM) reported a facility in Texas testing positive for avian influenza, leading to the depopulation of 1.6 million hens and 337,000 pullets. The company's total flock was affected by approximately 3.6%. Production has halted temporarily, with efforts to secure production from other facilities. The risk of future outbreaks remains, but human health risk is low. The company maintains strong biosecurity measures and collaborates with government agencies to manage the situation.
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Cal-Maine Foods, Inc. (NASDAQ: CALM) will release its Q3 fiscal 2024 financial results on April 2, 2024. The company is a major US producer of fresh shell eggs, offering various types. Headquartered in Ridgeland, Mississippi, it dominates the market in several US regions.
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Cal-Maine Foods, Inc. (CALM) has finalized the acquisition of a broiler processing plant, hatchery, and feed mill in Dexter, Missouri, previously closed by Tyson Foods, Inc. The company aims to revamp these assets for shell egg and egg products production, signaling a strategic move for expansion and diversification.
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Cal-Maine Foods, Inc. (NASDAQ: CALM) reported second quarter fiscal year 2024 results, with net sales of $523.2 million and net income of $17.0 million. The company also announced a cash dividend of $0.116 per share. The PR highlights the impact of dynamic market conditions on the company's sales and income, as well as recent acquisitions and future prospects.
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Cal-Maine Foods, Inc. (NASDAQ: CALM) announced the acquisition of a broiler processing plant, hatchery, and feed mill in Dexter, Missouri from Tyson Foods, Inc. The assets will be repurposed for egg and egg products production, with the broiler processing plant to be converted into an egg grading facility. The transaction is expected to close in the third fiscal quarter.
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Cal-Maine Foods, Inc. (NASDAQ: CALM) will release its second quarter fiscal 2024 financial results on January 3, 2024. The company is the largest producer and distributor of fresh shell eggs in the United States, with a focus on various types of eggs including conventional, cage-free, organic, brown, free-range, pasture-raised, and nutritionally enhanced eggs.
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Cal-Maine Foods, Inc. (NASDAQ: CALM) reported a highly pathogenic avian influenza (HPAI) outbreak at one of its Kansas facilities, affecting 1.6% of its total flock. The production has temporarily ceased, but the USDA assured that it does not pose an immediate public health concern. The company is working to secure production from other facilities to minimize customer disruption. Cal-Maine Foods maintains robust biosecurity programs and protocols to prevent exposure to other locations. The company is the largest producer and distributor of fresh shell eggs in the United States, offering various types of eggs including conventional, cage-free, organic, pasture-raised, free-range, and nutritionally enhanced eggs.
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FAQ

What is the current stock price of Cal-Maine Foods (CALM)?

The current stock price of Cal-Maine Foods (CALM) is $98.14 as of December 2, 2024.

What is the market cap of Cal-Maine Foods (CALM)?

The market cap of Cal-Maine Foods (CALM) is approximately 4.8B.

What does Cal-Maine Foods Inc do?

Cal-Maine Foods Inc is the largest producer and marketer of shell eggs in the US, involved in the production, grading, packaging, marketing, and distribution of shell eggs.

What are the primary products offered by Cal-Maine Foods?

Cal-Maine Foods offers a variety of shell eggs, including nutritionally enhanced, cage-free, organic, and brown eggs under brands like Egg-Land's, Land O' Lakes, Farmhouse, and 4-Grain.

Which regions does Cal-Maine Foods primarily serve?

Cal-Maine Foods primarily serves 29 states, focusing on the southwestern, southeastern, mid-western, and mid-Atlantic regions of the United States.

How large is Cal-Maine Foods' total flock?

Cal-Maine Foods' total flock includes approximately 26.2 million layers, 6.6 million pullets, and breeders.

What are some recent achievements of Cal-Maine Foods?

Recent achievements include expanding market reach, enhancing production capabilities through technology investment, and forming strategic partnerships and acquisitions.

What makes Cal-Maine Foods a leader in the shell egg market?

Cal-Maine Foods' leadership is attributed to its large market share, extensive distribution network, high-quality products, and commitment to innovation and sustainability.

How does Cal-Maine Foods address consumer trends?

The company addresses consumer trends by offering specialty eggs and maintaining sustainable farming practices, meeting the growing demand for these products.

What is the financial condition of Cal-Maine Foods?

Cal-Maine Foods has demonstrated strong financial performance, reflecting its market-leading position and focused operations in the shell egg market.

What brands does Cal-Maine Foods market its products under?

Cal-Maine Foods markets its shell eggs under brands such as Egg-Land's, Land O' Lakes, Farmhouse, and 4-Grain.

What are some strategic initiatives undertaken by Cal-Maine Foods?

Strategic initiatives include technology investments to improve efficiency and animal welfare, and partnerships and acquisitions to support growth and market expansion.

Cal-Maine Foods Inc

Nasdaq:CALM

CALM Rankings

CALM Stock Data

4.79B
45.49M
8.01%
90.17%
5.87%
Farm Products
Consumer Defensive
Link
United States of America
RIDGELAND