Cal-Maine Foods (NASDAQ: CALM) Reports Q3 Results
Cal-Maine Foods (NASDAQ: CALM) reported significant declines in Q3 fiscal 2026 revenue and earnings due to normalized egg prices after a period of elevated levels in 2025. Net sales fell 53% to $667.0 million, and diluted EPS dropped to $1.06, reflecting improved supply and reduced disruptions in the egg market. The company is actively diversifying its product mix by focusing on specialty eggs and prepared foods, which now represent over half of total sales.
Cal-Maine Foods, Inc. (NASDAQ:CALM) Q3 2026 earnings call transcript
This document is an earnings call transcript for Cal-Maine Foods, Inc. (NASDAQ:CALM) for their Q3 2026 financial results. It contains the complete dialogue from the call, providing detailed insights into the company's performance, management commentary, and discussions with analysts regarding their financial results and outlook.
Egg market gives Cal-Maine ‘real-time test’
Cal-Maine Foods Inc. saw a significant drop in net income and sales in its fiscal 2026 third quarter due to plummeting egg selling prices. Despite this, the company's strategy to diversify into specialty eggs and prepared foods is proving crucial, with these segments accounting for over half of net sales for the first time. Cal-Maine is expanding its specialty egg mix, evolving pricing structures, and growing its prepared foods platform through acquisitions and increased production capacity.
Allspring Global Investments Holdings LLC Acquires Shares of 79,570 Cal-Maine Foods, Inc. $CALM
Allspring Global Investments Holdings LLC significantly increased its stake in Cal-Maine Foods (NASDAQ:CALM) during the fourth quarter, acquiring 79,570 shares valued at approximately $6.24 million. This acquisition represents about 0.16% ownership in the company. Despite a strong beat on quarterly EPS and revenue estimates, Cal-Maine Foods saw a substantial year-over-year revenue decline of 53% and a collapse in EPS from the prior year.
Cal-Maine Foods Inc stock: High dividend yield draws investor attention
Cal-Maine Foods Inc (NASDAQ: CALM) is attracting investor attention with a dividend yield exceeding 10%, positioning it as a compelling option for income-focused portfolios. As the largest shell egg producer in the U.S., the company benefits from stable demand in the consumer staples sector. Despite typical market volatility, its low price-to-earnings ratio and strong cash flow make it an appealing defensive holding for investors seeking reliable returns.
Cal-Maine Foods, Inc. (NASDAQ:CALM) Given Average Recommendation of "Hold" by Brokerages
Five brokerages have given Cal-Maine Foods, Inc. (NASDAQ:CALM) an average "Hold" recommendation, with an average 12-month price target of $93. Despite recent Q1 earnings beating estimates, revenue was down 53% year-over-year. The company trades with a market cap of $3.72 billion and a P/E of 5.44, and offers a quarterly dividend of $0.72.
How Investors May Respond To Cal-Maine Foods (CALM) Slower Sales, Smaller Dividend And Specialty Egg Pivot
Cal-Maine Foods (CALM) recently reported a significant drop in Q3 2026 sales and net income due to easing egg prices, leading to a reduced variable dividend. The company is actively pursuing acquisitions and shifting towards higher-value specialty eggs and prepared foods, which now account for over half its net sales. This strategic pivot, alongside a new board appointment focused on risk and capital allocation, aims to reshape its investment narrative despite continued cyclical commodity price sensitivity.
How Investors May Respond To Cal-Maine Foods (CALM) Slower Sales, Smaller Dividend And Specialty Egg Pivot
Cal-Maine Foods reported sharply lower sales and net income in its fiscal Q3 2026 due to easing egg prices, leading to a reduced dividend. The company is actively pivoting towards higher-value specialty eggs and prepared foods, and is seeking acquisitions to diversify its business. This strategic shift, overseen by new board member Dudley D. Wooley, aims to balance cyclical commodity egg prices with higher-margin products and acquisitions, though investors should consider biosecurity and integration risks.
Cal-Maine Foods, Inc. (NASDAQ:CALM) Q3 2026 Earnings Call Transcript
Cal-Maine Foods, Inc. (NASDAQ:CALM) reported strong Q3 2026 earnings, beating expectations with an EPS of $1.06 against an expected $0.696. The company's strategy focuses on expanding its specialty egg mix and prepared foods platform, which now account for a significant portion of net sales, and evolving pricing structures for greater stability. Despite a challenging market influenced by high-path AI and fluctuating conventional egg prices, Q3 2026 results show progress in these strategic areas, supported by significant investments in capacity expansion and strategic acquisitions.
Eldred Rock Partners LLC Sells 14,897 Shares of Cal-Maine Foods, Inc. $CALM
Eldred Rock Partners LLC has significantly reduced its stake in Cal-Maine Foods (NASDAQ:CALM) by 11.1%, selling 14,897 shares and now owning 119,344 shares valued at approximately $9.5 million. This divestment follows Cal-Maine Foods' Q3 2026 earnings beat, where EPS exceeded expectations despite a 53% year-over-year revenue drop due to collapsing conventional egg prices. The company is actively shifting towards specialty eggs and prepared foods to mitigate price volatility, while institutional ownership remains high at 84.67%.
Cal-Maine Q3 net sales drop 53% as egg prices fall
Cal-Maine Foods reported a 53% decrease in net sales for its third quarter of fiscal 2026, falling to US$667 million due to significantly lower shell egg prices. Despite the decline in conventional egg sales, which dropped 72.1%, the company saw growth in its specialty egg and prepared foods sectors, with prepared foods sales surging by 441.2% year over year. Cal-Maine anticipates a recovery in its prepared foods segment, projecting increased production capacity and improved margins in the coming years.
Cal-Maine Foods (NASDAQ:CALM) Trading Down 5.5% - Should You Sell?
Cal-Maine Foods (NASDAQ:CALM) saw its shares trade down 5.5% after reporting a significant 53% year-over-year revenue decline, primarily due to tumbling conventional egg prices. Despite the revenue hit, the company beat EPS expectations and showed strong margins. Management is focusing on expanding into higher-margin specialty eggs and prepared foods, and analysts hold a consensus "Hold" rating with a $93 target price.
Cal‑Maine Foods (CALM) Margin Strength At 27.4% Tests Bearish Earnings Decline Narrative
Cal-Maine Foods (CALM) reported strong Q2 2026 results with revenue of US$769.5 million and basic EPS of US$2.14, showcasing significant growth over the past year. The company's net margin increased to 27.4%, defying a bearish narrative that forecasts declining earnings and revenue in the long term. Despite a low P/E ratio compared to peers, the market remains cautious due to projected future declines and an unstable dividend record.
Cal-Maine Foods, Inc. (CALM) Q3 2026 Earnings: Key Takeaways
Cal-Maine Foods (CALM) reported a significant downturn in its Q3 2026 earnings, with EPS collapsing by 89.8% and revenue plunging by 53.0% due to the normalization of egg pricing after a year influenced by avian flu. Despite the sharp declines, the stock saw a muted reaction, suggesting investors had anticipated the pricing corrections. A strategic shift is evident as specialty eggs now account for over 50% of shell egg sales, offering potential for more stable margins compared to conventional eggs.
Cal-Maine Foods Reports Third Quarter Fiscal 2026 Results
Cal-Maine Foods, Inc. reported its third-quarter fiscal 2026 results, highlighting a strategic shift towards sales diversification with specialty eggs and prepared foods accounting for 52.9% of net sales, despite a 53.0% drop in overall net sales to $667.0 million due to significantly lower shell egg prices. The company emphasized its resilience in a soft egg market, continued investment in integrating its value chain through acquisitions, and outlined a positive outlook for prepared foods recovery. Cal-Maine Foods also announced a cash dividend of approximately $0.36 per share and repurchased $24.3 million in common stock.
[10-Q] CAL-MAINE FOODS INC Quarterly Earnings Report
Cal-Maine Foods Inc. (CALM) reported its quarterly earnings, showing a significant decrease in net sales and gross profit for the third quarter of fiscal 2026 compared to the previous year, primarily due to a 56.5% decline in the net average selling price of shell eggs. Despite the revenue decline, the company continues to strategically expand through acquisitions, such as Echo Lake Foods and Creighton Brothers LLC, and increase its cage-free egg production capacity while managing ongoing legal proceedings and HPAI outbreaks. CALM also authorized a $500 million share repurchase program and declared a variable dividend of $0.355 per share.
Cal-Maine Foods, Inc. 2026 Q3 - Results - Earnings Call Presentation (NASDAQ:CALM)
Cal-Maine Foods, Inc. (CALM) reported its Q3 2026 earnings, with an EPS of $1.06, surpassing estimates by $0.28. The company also reported revenues of $666.95 million, which beat expectations by $24.47 million, despite a 52.95% year-over-year decrease. This article highlights the earnings call presentation and an overview of the financial results.
CALM SEC Filings - Cal Maine Foods Inc 10-K, 10-Q, 8-K Forms
This page provides a comprehensive resource for Cal-Maine Foods Inc. (CALM) SEC filings, including 10-K annual reports, 10-Q quarterly earnings, and 8-K material events. It details how the company, as the largest egg producer in the US, uses these reports to disclose financial performance, risks like Highly Pathogenic Avian Influenza, and governance. The platform also offers AI-powered summaries and sentiment analysis for these regulatory documents.
Cal-Maine Foods Welcomes Dudley D. Wooley to Board of Directors
Cal-Maine Foods, Inc. has announced the appointment of Dudley D. Wooley to its Board of Directors. Mr. Wooley, CEO of Ross & Yerger Insurance, Inc., brings over three decades of experience in risk management, business strategy, and governance. His expertise is expected to support Cal-Maine Foods' long-term growth strategy and its evolution into a more diversified platform.
Cal-Maine Foods Reports Third Quarter Fiscal 2026 Results
Cal-Maine Foods, Inc. reported its fiscal 2026 third-quarter results, showing a 53% decrease in net sales to $667.0 million due to significantly lower egg prices compared to the prior year. Despite this, the company emphasized the strength of its diversification strategy, with specialty eggs and prepared foods accounting for 52.9% of net sales, and highlighted further integration through the acquisition of assets from Creighton Brothers LLC. The company maintains a positive outlook, anticipating recovery in prepared foods and continued growth through strategic investments and diversification.
Falling Egg Prices Drag on Cal-Maine Earnings. Why The Stock Is Rising.
Cal-Maine Foods experienced a significant decline in quarterly sales and profit due to falling egg prices after avian flu supply disruptions subsided. However, the stock rose following the earnings report, driven by investor confidence in the company's shift towards specialty eggs and prepared foods.
Cal-Maine’s Shift Toward Premium Eggs Softens Hit From Falling Prices
Cal-Maine Foods reported a significant drop in profit and sales due to falling egg prices, but its shift towards premium eggs and prepared foods helped mitigate the impact. Despite sales falling 53% in the fiscal third quarter, the performance exceeded Wall Street's expectations, leading to a rise in the company's stock. Specialty eggs now constitute over half of Cal-Maine's total egg sales, a substantial increase from the previous year.
Cal-Maine's diversified portfolio drives solid Q3 results
Cal-Maine Foods, the largest egg company in the U.S., reported solid results for its fiscal 2026 third quarter, despite materially lower egg prices. The company's diversified portfolio, with increased sales in specialty eggs and prepared foods, and strategic acquisitions helped mitigate the impact of reduced wholesale egg prices. CEO Sherman Miller highlighted the resilience of their business model and plans for continued investment in structural advantages to ensure stable, high-quality earnings and long-term value creation.
Cal-Maine Foods, Inc. Announces Appointment of Dudley D. Wooley to Board of Directors
Cal-Maine Foods, Inc. has announced the appointment of Dudley D. Wooley to its Board of Directors. Wooley, who is currently the CEO of Ross & Yerger Insurance, Inc., brings over three decades of experience in leadership, growth, and strategic direction to the board. He succeeds Jim Poole, who recently passed away.
Dudley Wooley joins Cal-Maine Foods (NASDAQ: CALM) board with equity grant
Cal-Maine Foods (NASDAQ: CALM) has appointed Dudley D. Wooley as an independent Class III director to its board, succeeding Jim Poole. Wooley will serve until the 2027 annual meeting and join the Compensation, Audit, and Nominating and Corporate Governance Committees. He will receive an annual cash fee of $45,000 and restricted stock awards valued at $100,000, vesting in 2029.
Earnings to watch: Cal-Maine (CALM) reports Q1 results tomorrow
Cal-Maine Foods (CALM), the largest producer and marketer of shell eggs in the United States, is scheduled to report its first-quarter 2024 earnings after market close tomorrow, March 31, 2026. Analysts expect the company to report earnings of $0.06 per share on revenue of $370.2 million. The report will provide insights into the company's performance amid current market conditions for eggs.
Reassessing Cal-Maine Foods (CALM) After Recent Share Price Weakness
Cal-Maine Foods (CALM) is being reassessed following recent share price weakness. A Discounted Cash Flow (DCF) analysis suggests the stock is undervalued by 65.5%, while a Price-to-Earnings (P/E) ratio analysis, despite being below industry averages, indicates it might be overvalued based on a "Fair Ratio." The article encourages investors to use Simply Wall St's "Narratives" platform to incorporate personal forecasts and market insights for a comprehensive valuation.
Cal-Maine Foods Inc stock draws attention amid agriculture sector watchlist and analyst hold consens
Cal-Maine Foods Inc, a leading North American shell egg producer, is gaining attention in the agriculture sector, appearing on key watchlists due to its exposure to commodity prices and demand trends. Analysts currently maintain a "Hold" rating with an average price target of $101.75, suggesting a modest 13% upside. The company's performance is closely tied to egg market dynamics, including supply disruptions and consumer shifts towards specialty products, which it addresses through its diversified brand portfolio.
Cal-Maine Foods Stock Slides -14% With A 7-Day Losing Spree
Cal-Maine Foods (CALM) stock has experienced a 7-day losing streak, dropping 14% and reducing its market cap by $580 million, despite Trefis rating it "Attractive" due to strong operating performance and low valuation. The article provides detailed return comparisons with the S&P 500 and financial highlights, suggesting that such market moves are often priced in by the time they become news, recommending predictive signals for risk management.
U.S. Frozen Egg Market to Get an Explosive Growth | Cal-Maine Foods Inc • Rose Acre Farms Inc • Michael Foods Inc
Coherent Market Insights has published a new report titled "U.S. Frozen Egg Market Size, Share & Trends Forecast 2026-2033," predicting explosive growth in the sector. The report analyzes market dynamics, drivers, key players like Cal-Maine Foods Inc. and Michael Foods Inc., and comprehensive segmentation across various end-use industries. It aims to provide business leaders with actionable insights into market opportunities, regulatory trends, and strategic frameworks for sustained competitive advantage.
Cal-Maine Foods Stock Slides -14% With A 7-Day Losing Spree
Cal-Maine Foods (CALM) stock has experienced a 7-day losing streak, with a cumulative loss of 14% and its market cap crashing by approximately $580 million. Despite this decline, Trefis suggests there's "not much to fear" due to the company's strong operating performance, financial condition, and "Very Low valuation," leading to an "Attractive" rating. The article also compares CALM's performance against the S&P 500 and highlights Trefis's High Quality Portfolio as a strategy to manage stock-specific risk.
CALM SEC Filings - Cal Maine Foods Inc 10-K, 10-Q, 8-K Forms
This page provides a comprehensive resource for Cal-Maine Foods Inc. (CALM) SEC filings, including 10-K, 10-Q, and 8-K forms, alongside AI-powered summaries. Recent filings detail insider transactions, executive appointments such as Melanie Boulden as a director and Keira Lombardo as Chief Strategy Officer, and strong fiscal 2025 results including significant net sales and income attributable to the company. The company also announced strategic acquisitions and changes in compensation structures for executives.
Cal-Maine Foods (CALM) Valuation Check After Recent Share Price Pullback
Cal-Maine Foods (CALM) has seen a recent share price pullback, with negative returns over the past week, month, and three months, contrasting with its stronger long-term performance. Despite this, an analysis suggests the stock is undervalued, with a narrative fair value of $98 compared to its current price of $78.35. The valuation considers factors like disciplined M&A and organic capacity additions, though risks like avian influenza or weaker demand for premium eggs could impact future earnings and valuation.
Cal-Maine Foods (CALM) Valuation Check After Recent Share Price Pullback
Cal-Maine Foods (CALM) has seen a recent share price pullback, with negative returns over the past week, month, and three months, prompting investors to re-evaluate its fundamentals. Despite short-term cooling sentiment, analysts and valuation models suggest the stock is undervalued, with a fair value estimated around $98. The article encourages investors to consider the identified risks and rewards before making investment decisions.
BMO Capital Maintains Cal-Maine Foods (CALM) Market Perform Recommendation
BMO Capital has reiterated its Market Perform rating for Cal-Maine Foods (CALM). The firm maintains its existing recommendation on the company's stock.
CALM Financials: Revenue Breakdown, Margins & Competitor Comparison
This article provides a financial analysis of Cal-Maine Foods Inc (CALM), detailing its revenue breakdown, profitability margins, and a comparison with competitors. The company primarily generates revenue from conventional shell egg sales, contributing 54.8% of total sales, and demonstrates strong profitability with a gross margin of 26.95% and a net margin of 13.38%. CALM's financial health and efficiency are also benchmarked against industry peers like SEB and FDP, highlighting its superior gross margin performance.
Cal-Maine Foods Inc stock faces pressure ahead of earnings amid egg market volatility
Cal-Maine Foods Inc (CALM) is experiencing stock pressure on NASDAQ due to declining egg prices and market uncertainty, ahead of its earnings report on April 1, 2026. Despite recent volatility and a previous earnings miss, the company's strong dividend yield of around 7% and operational resilience make it an appealing defensive play for DACH investors. Analysts maintain a "hold" consensus, with short-term price targets suggesting modest upside, while emphasizing the importance of upcoming earnings for clarity on margins and the company's strategic outlook.
CALM Stock: Analysts Maintain Rating, Raise Price Target to $90
Stephens & Co. analyst Pooran Sharma maintained an Equal-Weight rating for Cal-Maine Foods (CALM) but raised the price target from $85.00 to $90.00, reflecting a 5.88% increase. This adjustment comes amidst a history of varying analyst ratings and price target changes for CALM from multiple firms. Cal-Maine Foods, Inc. produces and sells shell eggs, with an average target price of $86.69 from 5 analysts.
Stephens raises Cal-Maine Foods stock price target on bird flu impact
Stephens increased its price target for Cal-Maine Foods (NASDAQ:CALM) to $90 from $85, maintaining an Equal Weight rating, citing improved fundamentals in the egg market due to storm activity and increased avian flu cases. Despite market volatility and recent earnings showing a decline in net sales, the company maintains an "EXCELLENT" financial health score. Cal-Maine also recently acquired Creighton Brothers for $128 million, a move that prompted Benchmark to reiterate a Buy rating with a $100 price target.
Between Cal-Maine Foods and General Mills, Which Stock Looks Set to Break Out?
This article compares Cal-Maine Foods (CALM) and General Mills (GIS) stocks, concluding that CALM offers superior returns, profitability, and valuation. It highlights CALM's stronger revenue growth and higher operating margins over various periods, suggesting it is a better investment choice. The analysis also includes historical market performance and recommends a balanced portfolio approach to manage market volatility.
How Analyst Expectations For a Revenue Drop at Cal-Maine (CALM) Have Changed Its Investment Story
Cal-Maine Foods, the largest U.S. egg producer, is facing a significant shift in its investment narrative as analysts forecast a large revenue decline, contrasting with the company's historical growth. This expectation challenges Cal-Maine's stability story, built on mix and margin in eggs, and raises concerns about potential weakness in consumer demand for premium products. Despite the projected revenue drop, Simply Wall St's analysis suggests a fair value of $98.00, indicating a 12% upside to its current price.
How Analyst Expectations For a Revenue Drop at Cal-Maine (CALM) Have Changed Its Investment Story
Analysts are predicting a significant revenue decline for Cal-Maine Foods (CALM) over the next year, contrasting sharply with its historical growth. This shift challenges the company's investment narrative focused on mix and margin in specialty egg products, raising concerns about potential demand headwinds and pressure on premium pricing. Investors are encouraged to examine various scenarios for how mix and margins might evolve given these new expectations.
A Look At Cal-Maine Foods (CALM) Valuation As Revenue Forecasts Turn Lower And Acquisition Effects Linger
Cal-Maine Foods (CALM) is facing market concern despite strong past performance, due to Wall Street's forecast of a 36.1% revenue decline and lingering acquisition integration effects. While Simply Wall St suggests a fair value of $98 per share, indicating it might be undervalued, risks like bird flu and consumer resistance to premium pricing could challenge future margins and P/E assumptions. Investors are encouraged to weigh these factors, including the company's strong cash generation and debt-free balance sheet, against potential future pressures.
Cal-Maine Foods, Inc. Experiences Revision in Stock Evaluation Amid Market Dynamics
Cal-Maine Foods, Inc. has seen a stock price increase to $89.14, with a 3.10% return over the past year, underperforming the S&P 500 but showing a strong 110.29% return over five years. Technical indicators suggest mixed performance, with mildly bullish signs on a weekly basis and bearish on a monthly basis for some metrics. The company's year-to-date return of 12.03% significantly outperforms the S&P 500's decline.
A Look At Cal-Maine Foods (CALM) Valuation As Revenue Forecasts Turn Lower And Acquisition Effects Linger
Cal-Maine Foods (CALM) is facing contrasting views, with strong past performance but Wall Street predicting a significant revenue decline. Despite being potentially undervalued with an intrinsic discount of 60.6% and a fair value of $98 per share, concerns like bird flu and consumer resistance to premium pricing could challenge margins. Investors are encouraged to assess the company's financial data and risks to form their own conclusions.
Victory Capital Management Inc. Sells 30,101 Shares of Cal-Maine Foods, Inc. $CALM
Victory Capital Management Inc. has reduced its stake in Cal-Maine Foods, Inc. by 12.7%, selling 30,101 shares and now owning 206,201 shares valued at approximately $19.4 million. Despite this, other institutions like Wedge Capital Management significantly increased their holdings, bringing institutional ownership to 84.67%. Cal-Maine Foods recently reported Q3 EPS of $2.13, missing estimates, with revenue down 19.4% year-over-year, and maintains a "Hold" consensus rating from analysts with an average target price of $93.00.
Cal-Maine Foods, Inc. (NASDAQ:CALM) Given Average Recommendation of "Hold" by Analysts
Cal-Maine Foods, Inc. (NASDAQ:CALM) has received an average "Hold" recommendation from analysts, with multiple firms issuing reports adjusting price targets and ratings. The company recently reported quarterly earnings that missed consensus estimates and declared a quarterly dividend. Institutional investors have shown mixed activity, with some increasing and others maintaining their stakes.
Vestcor Inc Buys 14,445 Shares of Cal-Maine Foods, Inc. $CALM
Vestcor Inc increased its stake in Cal-Maine Foods by 17.5% during the third quarter, acquiring an additional 14,445 shares and bringing its total holdings to 97,185 shares valued at $9.145 million. Other institutional investors like Wedge Capital Management, Principal Financial Group, Range Financial Group LLC, and New York State Common Retirement Fund also significantly adjusted their positions in the company. Despite these purchases, analyst ratings for Cal-Maine Foods are largely "Hold," with the stock currently trading at $87.80.
Cal-Maine Stock Analysis: Financial Strengths vs. Revenue Outlook - News and Statistics
Cal-Maine's stock has underperformed the S&P 500 over the last six months, despite demonstrating strong financial metrics including impressive three-year annualized revenue growth and a high free cash flow margin in the consumer staples sector. However, Wall Street analysts project a significant 36.1% drop in revenue for Cal-Maine over the next 12 months, indicating potential demand challenges. Despite this, the article suggests that the company's financial strengths outweigh its flaws, trading at 28.5x forward P/E after a recent drawdown.
2 Reasons to Like CALM (and 1 Not So Much)
Cal-Maine Foods (CALM) has seen an 18% loss in share value over the last six months despite strong historical revenue growth and excellent free cash flow margins. While the company demonstrates solid financial health and market resonance with its products, analysts project a significant 36.1% drop in revenue over the next 12 months, indicating potential demand headwinds. The article suggests that CALM's merits outweigh its flaws, especially after its recent pullback, trading at 28.5x forward P/E.
