Cal-Maine Foods reports Q4 net income $113.2M ($2.32 EPS) on sales of $640.8M

CAL-MAINE FOODS INC

2024-FY EPS reported $5.69 revenue$2,326,443,000

Q4 net sales $640.8M, down 7% from $688.7M in prior-year period (13 vs 14 weeks).
Fiscal 2024 net income $277.9M ($5.69 diluted EPS) vs $758.0M ($15.52) in fiscal 2023.
Quarterly farm production costs per dozen down 14.3%; feed costs per dozen down 24.9% YoY.
HPAI outbreaks depopulated ~3.1M laying hens and 577K pullets; both sites cleared for repopulation.
Cash dividend of $0.77 per share payable Aug 20, 2024 to holders of record Aug 5.

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