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Cal-Maine Foods Inc (CALM.OQ)

CALM.OQ on NASDAQ Stock Exchange Global Select Market

49.85USD
16 Nov 2018
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Latest Key Developments (Source: Significant Developments)

Cal-Maine Foods Says Entered Credit Agreement Providing For Senior Secured Revolving Credit Facility
Tuesday, 10 Jul 2018 05:35pm EDT 

July 10 (Reuters) - Cal-Maine Foods Inc ::CAL-MAINE FOODS - ENTERED CREDIT AGREEMENT PROVIDING FOR SENIOR SECURED REVOLVING CREDIT FACILITY IN INITIAL PRINCIPAL AMOUNT UP TO $100 MILLION.CAL-MAINE FOODS SAYS CREDIT FACILITY HAS A TERM OF FIVE YEARS AND WILL MATURE ON JULY 10, 2023 - SEC FILING.  Full Article

Cal-Maine Foods Q3 Earnings Per Share $1.99
Monday, 2 Apr 2018 06:30am EDT 

April 2 (Reuters) - Cal-Maine Foods Inc ::MAINE FOODS REPORTS THIRD QUARTER FISCAL 2018 RESULTS.Q3 EARNINGS PER SHARE $1.99.Q3 SALES $435.8 MILLION VERSUS I/B/E/S VIEW $432.6 MILLION.Q3 EARNINGS PER SHARE VIEW $1.39 -- THOMSON REUTERS I/B/E/S.Q3 RESULTS WERE FAVORABLY AFFECTED BY $0.72 PER BASIC AND DILUTED SHARE BENEFIT RELATED TO U.S. TAX REFORM.WILL NOT PAY A DIVIDEND FOR FIRST, SECOND, OR THIRD QUARTERS OF FISCAL 2018.‍ BASED ON 2017 HARVESTED CROPS, EXPECT TO HAVE AN AMPLE SUPPLY OF CO'S PRIMARY FEED INGREDIENTS FOR BALANCE OF FISCAL YEAR​.  Full Article

Cal-Maine Foods Names Sherman Miller President And COO
Friday, 30 Mar 2018 02:30pm EDT 

March 30 (Reuters) - Cal-Maine Foods Inc ::CAL-MAINE FOODS, INC. NAMES SHERMAN MILLER PRESIDENT AND CHIEF OPERATING OFFICER.  Full Article

Cal-Maine Issues Statement In Response To Video Involving Co's Employee
Tuesday, 16 Jan 2018 12:30pm EST 

Jan 16 (Reuters) - Cal-Maine Foods Inc ::CAL-MAINE FOODS INC - ISSUED STATEMENT IN RESPONSE TO A VIDEO INVOLVING A CO'S EMPLOYEE AND TREATMENT OF LAYING HENS AT LAKE WALES LOCATION.CAL-MAINE FOODS INC - "VIDEO DEPICTS ANOTHER EMPLOYEE DELIBERATELY MISTREATING A HEN, AND THAT EMPLOYEE WAS IMMEDIATELY TERMINATED".CAL-MAINE FOODS INC - "WE BELIEVE THAT THIS WAS AN ISOLATED INCIDENT".  Full Article

Cal-Maine Foods Reports Q2 Loss Per Share $0.54
Friday, 5 Jan 2018 06:30am EST 

Jan 5 (Reuters) - Cal-Maine Foods Inc ::CAL-MAINE FOODS REPORTS SECOND QUARTER FISCAL 2018 RESULTS.Q2 EARNINGS PER SHARE $0.55 EXCLUDING ITEMS.Q2 LOSS PER SHARE $0.54.Q2 SALES $361.2 MILLION VERSUS I/B/E/S VIEW $340 MILLION.Q2 EARNINGS PER SHARE VIEW $0.52 -- THOMSON REUTERS I/B/E/S.- AT DEC 2, 2017, CO HAD A DEFERRED TAX LIABILITY OF ABOUT $75.3 MILLION BASED ON A U.S. FEDERAL TAX RATE OF 35 PERCENT.- ‍ WILL NOT PAY A DIVIDEND FOR FIRST OR SECOND QUARTERS OF FISCAL 2018​.CAL-MAINE FOODS - ‍AFTER TAX REFORM LEGISLATION ENACTED, DEFERRED TAX LIABILITY TO BE REVALUED AT LOWER RATE DURING Q3 OF FISCAL 2018​.- AT END OF 2017, REACHED AN AGREEMENT THAT PURCHASERS HAD FILED AGAINST CO AND MANY OTHER EGG PRODUCERS.CAL-MAINE FOODS - ‍REVALUATION OF DEFERRED TAX LIABILITY TO BENEFIT INCOME TAX EXPENSE IN CONTINUING OPERATIONS & CORRESPONDING REDUCTION IN DEFERRED TAX LIABILITY​.- ‍ AGREED TO PAY $80.8 MILLION AFTER ALL PARTIES SIGN A FORMAL SETTLEMENT AGREEMENT RELATED TO SETTLEMENT OF ANTITRUST LAWSUITS ​.- ‍RESULTS FOR Q2 OF FISCAL 2018 REFLECT "A SIGNIFICANT IMPROVEMENT IN EGG MARKET CONDITIONS" COMPARED WITH Q2 LAST YEAR​.  Full Article

Cal-Maine Foods Q1 loss per share $0.33
Monday, 2 Oct 2017 06:30am EDT 

Oct 2 (Reuters) - Cal-Maine Foods Inc ::Cal-Maine Foods reports first quarter fiscal 2018 results.Q1 sales $262.8 million versus I/B/E/S view $273.6 million.Q1 loss per share $0.33.Q1 earnings per share view $-0.22 -- Thomson Reuters I/B/E/S.Cal-Maine Foods Inc - will not pay a dividend for q1 of fiscal 2018.Cal-Maine Foods Inc - "‍we do not expect any sustained improvement in pricing until we have a more stable supply and demand balance"​.  Full Article

Cal-Maine Foods provides update on Florida, Georgia operations
Monday, 11 Sep 2017 01:15pm EDT 

Sept 11 (Reuters) - Cal-Maine Foods Inc ::Cal-Maine Foods Inc provides update on Florida and Georgia operations.Reports that some of its farms and production facilities have sustained minor physical damage and moderate flooding​.Company does not anticipate any material loss in egg production​.  Full Article

Cal-Maine Foods Q4 loss per share $0.51
Monday, 24 Jul 2017 06:30am EDT 

July 24 (Reuters) - Cal-maine Foods Inc ::Cal-Maine Foods reports fourth quarter and fiscal 2017 results.Q4 loss per share $0.51.Q4 sales $274.6 million versus I/B/E/S view $277.6 million.Q4 earnings per share view $-0.25 -- Thomson Reuters I/B/E/S.Cal-Maine Foods Inc - average customer selling prices for Q4 of fiscal 2017 were down 15.5 percent from same period a year ago.Cal-Maine Foods Inc - and will not pay a dividend for Q4 of fiscal 2017.Cal-Maine Foods Inc - "expect to have an adequate supply of our primary feed ingredients in fiscal 2018 while grain prices remain volatile".Cal-Maine Foods Inc - at June 3, 2017, cumulative losses that must be recovered prior to paying a dividend were $74.7 million.Cal-Maine Foods- results for Q4 "reflect volatile and challenging egg market fundamentals that have prevailed throughout this fiscal year".Cal-Maine Foods - U.S. egg exports are still below peak levels prior to AI outbreak.Cal-Maine Foods - Q4 feed costs per dozen were down 3.8 percent versus a year ago, q4 overall farm production costs per dozen were down 1.0 percent over Q4 2016.  Full Article

Cal-Maine Foods Q3 earnings per share $0.09
Monday, 27 Mar 2017 06:30am EDT 

Cal-Maine Foods Inc : Cal-Maine Foods reports third quarter fiscal 2017 results . Q3 earnings per share $0.09 . Q3 sales $306.5 million versus I/B/E/S view $325 million . Q3 earnings per share view $0.20 -- Thomson Reuters I/B/E/S . Cal-Maine foods Inc says "results for Q3 of fiscal 2017 reflect volatile market conditions egg industry has experienced throughout this fiscal year" . Says Q3 results were affected by lower market prices and weaker demand trends compared with Q3 last year . Cal-Maine Foods Inc - "egg markets have remained under pressure" . Cal-Maine Foods Inc - "there have been no positive tests for AI at any Cal-Maine Foods locations" . Says average customer selling prices for Q3 of fiscal 2017 were down 27.9 percent from same period a year ago .Cal-Maine Foods Inc - will not pay a dividend for Q3 of fiscal 2017.  Full Article

Cal-Maine Foods Q2 loss per share $0.48
Thursday, 22 Dec 2016 04:05pm EST 

Cal-maine Foods Inc : Cal-Maine Foods Inc says Q2 overall farm production costs were slightly lower than Q2 of fiscal 2016 . Cal-Maine Foods Inc says at November 26, 2016, cumulative losses that must be recovered prior to paying a dividend were $54.3 million . "our results for Q2 of fiscal 2017 reflect extremely challenging market fundamentals in egg industry" . Cal-Maine Foods Inc says will not pay a dividend for Q2 of fiscal 2017 . Qtrly feed costs per dozen were down 7.7 percent compared with a year ago . Cal-Maine Foods Inc says for Q2 of fiscal 2017, average customer selling prices were down 50.7 percent from same period of fiscal 2016 . Cal-Maine Foods -experienced reduced demand in Q2 for egg products, as many commercial customers reformulated products to use fewer eggs when prices spiked . Cal-Maine Foods reports second quarter fiscal 2017 results . Q2 loss per share $0.48 . Q2 sales $253.5 million versus I/B/E/S view $262.8 million .Q2 earnings per share view $-0.48 -- Thomson Reuters I/B/E/S.  Full Article