secwatch.observer — SEC 8-K summary
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Issuer:     CAL-MAINE FOODS INC (CALM)
CIK:        0000016160
Form:       8-K
Filed at:   2024-04-02T23:59:59+00:00
Accession:  0001562762-24-000075
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cal-Maine Q3 net sales $703M down 29% YoY; EPS $3.00 vs $6.62; record volume but HPAI outbreaks continue
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- Net sales $703.1M vs $997.5M YoY; net income $146.4M ($3.00 diluted EPS) vs $323.2M ($6.62).
- Record total dozens sold 300.8M (+3.2%); specialty 108.6M (+4.4%).
- Conventional egg ASP $2.152/dozen (-41.5%); feed cost per dozen down 19.9% to $0.544.
- HPAI outbreaks: Kansas (1.5M hens) in Q3; Texas (1.6M hens, 337K pullets) post-quarter, 3.6% of flock.
- Dividend $1.00/share payable May 16; acquired Tyson Foods broiler plant in Dexter, MO post-quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/16160/000156276224000075/0001562762-24-000075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/16160/000156276224000075/calm8k20240103.htm
  HTML page:      https://secwatch.observer/filing/0001562762-24-000075

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