Cal-Maine Foods decrease down pointing triangle swung to a fiscal fourth-quarter loss as sales tumbled, hurt by historically low egg prices.
Cal-Maine Foods decrease down pointing triangle swung to a fiscal fourth-quarter loss as sales tumbled, hurt by historically low egg prices.
Cal-Maine Foods (CALM), the egg producer, reported a sharp drop in quarterly sales and profit thanks to falling egg prices.
Cal-Maine Foods (CALM) fell modestly in premarket trading after the nation’s largest egg producer reported fiscal second-quarter earnings that beat analysts’ estimates even as egg prices dropped.