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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. (NASDAQ: CALM) issued a statement regarding the recent jury verdict in a case involving United Egg Producers (UEP) and the plaintiffs, awarding $17,777,579 in damages. The company plans to petition the Court for a directed verdict and is considering an appeal.
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Cal-Maine Foods, Inc. (CALM) responds to a jury's decision in the case Kraft Foods Global, Inc. et al. v. United Egg Producers, Inc. et al., Case No. 1:11-cv-8808. The jury found the company liable for an alleged conspiracy to inflate egg product prices. The damages phase of the trial is scheduled for November 28 and 29, 2023. Cal-Maine Foods plans to vigorously contest the plaintiffs' presentation of purported damages and assess options for appeal.
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Cal-Maine Foods, Inc. (NASDAQ: CALM) will participate in the Stephens 2023 Annual Investment Conference on November 14-16, 2023, in Nashville, Tennessee. Sherman Miller, President and CEO, and Max Bowman, VP and CFO, will present a fireside chat on November 15 at 10:00 a.m. CT. The presentation will be available via a live audio webcast and a replay will be available for 90 days.
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Cal-Maine Foods acquires assets of Fassio Egg Farms
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Cal-Maine Foods reports Q1 fiscal year 2024 results with net sales of $459.3 million and net income of $926,000. Specialty egg net average selling price increased by 8.4%. Cash dividend of $0.006 per share to be paid on November 16, 2023.
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Cal-Maine Foods to acquire assets of Fassio Egg Farms, expanding market presence in Utah and western US
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Cal-Maine Foods to release Q1 fiscal 2024 financial results on October 3, 2023
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Cal-Maine Foods, Inc. releases updated Fiscal 2022 Sustainability Report, emphasizing its commitment to sustainability and responsible leadership. The report follows the Sustainability Accounting Standards Board (SASB) framework and highlights the company's mission to be the most reliable and sustainable producer of fresh shell eggs and egg products.
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Cal-Maine Foods, Inc. (NASDAQ: CALM) reported quarterly net sales of $688.7 million and net income of $110.9 million. Fiscal year net sales were $3.1 billion and net income was $758.0 million. The company announced a cash dividend of $0.76 per share.
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Cal-Maine Foods, Inc. (NASDAQ: CALM) will release its Q4 and fiscal 2023 financial results on July 25, 2023. The company is the largest producer and distributor of fresh shell eggs in the US, selling primarily in the southwestern, southeastern, mid-western, and mid-Atlantic regions.
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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 $95.78 as of November 21, 2024.

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

The market cap of Cal-Maine Foods (CALM) is approximately 4.7B.

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

4.67B
45.49M
8.01%
90.21%
5.89%
Farm Products
Consumer Defensive
Link
United States of America
RIDGELAND