Cal-Maine Foods (CALM) Stock

RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) has announced that it will share its financial results for the second quarter of fiscal 2025 on Tuesday, January 7, 2025. A press release will be published after the market closes. Cal-Maine Foods focuses on producing, grading, packaging, marketing, and distributing various types of fresh shell eggs, such as conventional, cage-free, organic, brown, free-range, pasture-raised, and nut.

CALM is seeing an increase in value due to its positive results for the first quarter of 2025, recent expansion plans, and initiatives to enhance its range of products.

Which came first: the chicken or the egg? This classic question can also be asked of investors when they have to decide between the top stocks for chicken and eggs.

RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) has revealed that its Board of Directors approved $40 million for new capital projects on October 4, 2024, aimed at increasing the Company's cage-free production capacity. The funding will come from a mix of available cash, sales of investment securities, and operating cash flow. The projects will involve building five new cage-free layer houses at various Company locations.

Cal-Maine Foods reported quarterly results that exceeded expectations, thanks to rising egg prices and smart acquisitions, even though HPAI outbreaks affected production. The demand for specialty eggs rose significantly, leading to a jump in net sales from $459.3 million to $785.9 million compared to last year. I have raised my price target to $154 per share, as I believe the company is undervalued at 5x-6x EBITDA, in contrast to the average in the industry.

Cal-Maine Foods (CALM) shares remained close to their record high reached yesterday, as the biggest egg producer and distributor in the U.S. announced that increased prices led to a significant rise in revenue.

Cal-Maine Foods, the biggest egg producer and distributor in the U.S., reported a large increase in its quarterly sales. The company's sales grew by over 70% compared to the same time last year, thanks to higher egg prices and lower production costs.

Cal-Maine, the biggest egg producer and distributor in the U.S., stated that Hurricane Helene is not expected to affect its operations.

RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM), the biggest producer and distributor of fresh shell eggs in the U.S., has announced its results for the first quarter of fiscal 2025, which ended on August 31, 2024. Highlights from this quarter include net sales of $785.9 million and a net income of $150.0 million, equating to $3.06 per diluted share. The company also set records for the total number of dozens sold and specialty dozens sold during this period.