secwatch.observer — SEC 8-K summary
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Issuer:     CAL-MAINE FOODS INC (CALM)
CIK:        0000016160
Form:       8-K
Filed at:   2023-07-25T23:59:59+00:00
Accession:  0001562762-23-000285
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cal-Maine Foods reports Q4 net income $110.9M, FY2023 net income $758.0M, declares $0.76 dividend
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- Q4 net sales $688.7M, net income $110.9M ($2.27 diluted EPS); prior-year quarter: $593.0M, $110.0M ($2.25).
- FY2023 net sales $3.1B, net income $758.0M ($15.52 diluted EPS); FY2022: $1.8B, $132.7M ($2.72).
- Conventional egg net avg price $2.038/dozen in Q4 (down from $2.108); specialty $2.499 (up from $2.015).
- Dividend of $0.76 per share payable Aug 22, 2023; record Aug 7, 2023, under variable policy equal to 1/3 quarterly net income.
- Cage-free egg sales comprised 26.2% of Q4 shell egg sales; feed cost per dozen $0.671, up 4.7% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/16160/000156276223000285/0001562762-23-000285-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/16160/000156276223000285/calm8k20230725.htm
  HTML page:      https://secwatch.observer/filing/0001562762-23-000285

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