Tag: Farm products

Net sales fell 42% to $539.6 million in its fiscal first quarter, with conventional egg sales decreasing 60% on near flat volumes

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.