Cal-Maine pumps $40m into cage-free egg production
Cal-Maine said the move reflects consumer demand for free-range eggs and the need to meet regulations at the state level.
Higher Egg Prices, Lower Costs Drive Cal-Maine Foods Gains
Cal-Maine Foods, Inc. (CALM) recently announced a 70% quarterly sales gain, sending shares considerably higher.
Egg prices boost Cal-Maine’s sales more than 70% higher
Cal-Maine, the largest U.S. egg producer and distributor, also said that Hurricane Helene is unlikely to impact its operations.
Cal-Maine Allocates $40 million for More Cage-Free Eggs
Construction should start by the end of this year, with the projects accommodating a million more cage-free hens by next summer.
Cal-Maine Revenue Soars on Higher Egg Prices, Limited Supply
Cal-Maine has a variable dividend policy based on net income, and it announced that for the fourth quarter of fiscal 2024 investors would receive $1.02 for every share they own. That is $0.25 more than the company had predicted previously.
Cal-Maine Foods Posts Higher 1Q Profit on Increased Sales, Prices
Cal-Maine Foods said profit and revenue rose sharply in its fiscal first quarter, as the company sold more eggs at higher prices.
Egg prices have spiked again, especially in California: here's why
Egg prices are soaring again, up more than 28% from a year ago. And in California, prices are even higher. The nationwide average for a dozen Grade A large eggs was $3.20 in August, according to figures from the U.
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Cal-Maine invests $40M to expand cage-free production
Following its latest quarterly financial report, Cal-Maine Foods has announced it intends to expand its cage-free egg ...
Cal-Maine Foods: Better Than Expected Results, Cheap, And Growing
Cal-Maine Foods recently delivered better than expected quarterly results, driven by higher egg prices. Read why I view CALM ...
Cal-Maine Foods to Expand Cage-Free Egg Production Through $40M Investment
Cal-Maine Foods said it is investing $40 million in expanding its cage-free production capabilities to respond to rising consumer demand. The egg producer on Monday said its board of directors ...
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Cal-Maine: Helene losses ‘not likely to be material’
The company’s CEO says damages are still being evaluated, but all employees and contractors are believed to be safe.
Cal-Maine Foods posts strong quarter after working around avian flu issues
Cal-Maine Foods (NASDAQ:CALM) gained slightly on Tuesday after the Mississippi-based company topped revenue estimates with ...
Goldman Sachs Sticks to Its Sell Rating for Cal-Maine Foods (CALM)
Goldman Sachs analyst Adam Samuelson maintained a Sell rating on Cal-Maine Foods (CALM – Research Report) yesterday. The company’s ...