earnings
confidence high
sentiment positive
materiality 0.85
Cal-Maine Foods Q3 net income $508.5M, EPS $10.38; buys Echo Lake Foods for $258M
CAL-MAINE FOODS INC
2025-Q3 EPS
reported $17.92
vs consensus $5.20
▲ beat
(+244.7%)
- Diluted EPS of $10.38 vs $3.00, net sales $1.4B vs $703.1M in prior-year quarter.
- Record shell eggs sold 331.4M dozen (+10.2% YoY); net avg selling price $4.060/dozen vs $2.247.
- Definitive agreement to acquire Echo Lake Foods for ~$258M; expected to close by end of fiscal 2025.
- Cash dividend of ~$3.46/share payable May 15, 2025 to holders of record Apr 30, 2025.
- Board approved $500M share repurchase; DOJ civil investigative demand received in March 2025.