Profile
Sector:
Consumer DefensiveIndustry:
Farm ProductsCountry:
United StatesIPO:
12 December 1996Website:
http://www.calmainefoods.comNext earnings report:
03 January 2025Last dividends:
30 October 2024Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 21:59:02 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
CALM Latest News
Which came first: the chicken or the egg? This age-old question can be posed to investors when choosing between the two premiere stocks for each product, chicken and eggs.
RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced that on October 4, 2024, its Board of Directors approved $40 million in new capital projects to further expand the Company's cage-free production capabilities. The Company plans to fund the projects through a combination of available cash on hand, sales of investment securities and operating cash flow. The projects will include the addition of five new cage-free layer houses across the Company's locations in.
Cal-Maine Foods delivered better-than-expected quarterly results, driven by higher egg prices and strategic acquisitions, despite HPAI outbreaks impacting production. The company saw a significant increase in demand for specialty eggs, boosting net sales from $459.3 million to $785.9 million year-over-year. I upgraded my price target to $154 per share, seeing the company undervalued at 5x-6x EBITDA, compared to sector medians.
Cal-Maine Foods (CALM) shares hovered near their all-time high set yesterday as the largest U.S. producer and distributor of eggs reported higher prices sent revenue soaring.
Cal-Maine Foods, the largest egg producer and distributor in the U.S., announced a significant increase in its quarterly sales. The rise in egg prices and a reduction in production costs boosted the company's sales by more than 70% compared to the same period last year.
Cal-Maine, the largest U.S. egg producer and distributor, also said that Hurricane Helene is unlikely to impact its operations.
RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or the “Company”), the largest producer and distributor of fresh shell eggs in the United States, today reported results for the first quarter of fiscal 2025 (thirteen weeks) ended August 31, 2024. First Quarter Fiscal 2025 Highlights Quarterly net sales of $785.9 million Quarterly net income of $150.0 million, or $3.06 per diluted share Quarterly record for total dozens sold and specialty dozens sold Cas.
Vancouver, British Columbia--(Newsfile Corp. - September 9, 2024) - Revitalist Lifestyle and Wellness Ltd. (CSE: CALM) (OTC: RVLWF) (FSE: 4DO), a leader in comprehensive mental health and wellness care, is excited to announce a research and patient care partnership with Sama Therapeutics for expanding access through novel technology.
Vancouver, British Columbia--(Newsfile Corp. - August 20, 2024) - Revitalist Lifestyle and Wellness Ltd. (CSE: CALM) (OTC: RVLWF) (FSE: 4DO) proudly announces its sponsorship of The American Legion's 105th National Convention, scheduled for August 23-29, 2024 giving away two psychedelic retreats, free psychedelic and ketamine consultations as well as donating 100% of their sales to Veterans in need of ketamine and psychedelic therapies.
Exploring Innovative Approaches to Mental Health and Psychedelic Therapies Knoxville, Tennessee--(Newsfile Corp. - July 26, 2024) - Revitalist Lifestyle and Wellness Ltd. (CSE: CALM) is pleased to announce that CEO Kathryn A.
What type of business is Cal-Maine Foods?
Cal-Maine Foods, Inc. is engaged in the production and sale of natural shell eggs in the United States. The company was founded in 1957 and is headquartered in Jackson, Mississippi. The company operates in the production, sorting, packaging, marketing, and distribution of eggs segment. It offers shell eggs, including specialty and regular eggs. The company's specialty products include organic and brown eggs, as well as eggs from cage-free chickens. All other shell eggs are classified as regular. The company sells organic, nutritious eggs from cage-free chickens, vegetarian eggs, and omega-3 eggs under its 4-Grain brand. It also produces, markets, and sells natural shell eggs under the brands of other private label producers to customers.
What sector is Cal-Maine Foods in?
Cal-Maine Foods is in the Consumer Defensive sector
What industry is Cal-Maine Foods in?
Cal-Maine Foods is in the Farm Products industry
What country is Cal-Maine Foods from?
Cal-Maine Foods is headquartered in United States
When did Cal-Maine Foods go public?
Cal-Maine Foods initial public offering (IPO) was on 12 December 1996
What is Cal-Maine Foods website?
https://www.calmainefoods.com
Is Cal-Maine Foods in the S&P 500?
No, Cal-Maine Foods is not included in the S&P 500 index
Is Cal-Maine Foods in the NASDAQ 100?
No, Cal-Maine Foods is not included in the NASDAQ 100 index
Is Cal-Maine Foods in the Dow Jones?
No, Cal-Maine Foods is not included in the Dow Jones index
When was Cal-Maine Foods the previous earnings report?
No data
When does Cal-Maine Foods earnings report?
The next expected earnings date for Cal-Maine Foods is 03 January 2025