earnings
confidence high
sentiment negative
materiality 0.80
Cal-Maine Q3 net income falls 90% to $50.5M; revenue down 53% to $667M
CAL-MAINE FOODS INC
2026-Q3 EPS reported
$7.34
revenue$2,359,051,000
- Net income attributable to Cal-Maine of $50.5M ($1.06 diluted EPS), down 90.1% vs prior year.
- Net sales $667M, down 53%, shell egg sales fell 57.5% as egg prices normalized from HPAI highs.
- Specialty eggs comprised 50.5% of shell egg sales (+2,610 bps); prepared foods sales up 441% to $63.6M.
- Post-quarter acquired certain assets of Creighton Brothers LLC to enhance value chain integration.
- Quarterly dividend ~$0.36 per share payable May 14, 2026; repurchased 329,830 shares for $24.3M.