Cal-Maine Foods, Inc.

NASDAQ•CALM

CEO: Mr. Adolphus B. Baker

Sector: Consumer Defensive

Industry: Agricultural Farm Products

Listing Date: 1996-12-12

Cal-Maine Foods, Inc., together with its subsidiaries, engages in the production, grading, packaging, marketing, and distribution of shell eggs and egg products. The company offers specialty eggs, such as nutritionally enhanced, cage free, organic, free-range, pasture-raised, and brown eggs, as well as conventional eggs under the Egg-Land's Best, Land O' Lakes, Farmhouse Eggs, Sunups, Sunny Meadow, and 4-Grain brand names. It sells its products to various customers, including national and regional grocery store chains, club stores, independent supermarkets, foodservice distributors, and egg product consumers primarily in the southwestern, southeastern, mid-western, northeastern, and mid-Atlantic regions of the United States. The company was founded in 1957 and is headquartered in Ridgeland, Mississippi.

Contact Information

1052 Highland Colony Parkway, Suite 200, Ridgeland, MS, 39157, United States

601-948-6813

www.calmainefoods.com

Market Cap

$4.17B

P/E (TTM)

3.6

10.5

Dividend Yield

9.0%

52W High

$126.40

52W Low

$71.92

52W Range

29%

Rank32Top 23.6%

4.9

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Average • 4.9 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q2 2026 Data

Revenue

$769.50M-19.40%

4-Quarter Trend

EPS

$2.14-52.34%

4-Quarter Trend

FCF

$47.92M-48.41%

4-Quarter Trend

2026 Q2 Earnings Highlights

Key Highlights

Twenty-Six Week Net Sales Net sales $1.69B for 26 weeks, down 2.8% from prior period; shell eggs represent 85.0% of total revenue.

Quarterly Net Income Drop Net income $302.0M for 26 weeks, down from $367.9M; basic EPS $6.27 versus $7.57 prior.

Operating Cash Flow Increased Cash provided by operations $373.4M for 26 weeks, up from $240.2M, driven by collections and Echo Lake addition.

Specialty Egg Revenue Mix Specialty egg revenue reached 33.3% of shell egg sales in Q2, up from 23.4% last year, reflecting strategic focus.

Risk Factors

Conventional Egg Price Collapse Conventional egg prices fell 38.8% in Q2, driving gross profit down to $207.4M from $356.0M year prior.

Intense Market Competition Business faces intense competition in shell eggs and prepared foods; competitive pressures may restrict ability to raise prices.

Ongoing Antitrust Litigation Eight antitrust lawsuits alleging price inflation pending; management disputes allegations and intends vigorous defense.

Avian Influenza Threat HPAI remains widespread globally; future outbreaks possible despite $83M investment in biosecurity technology since 2015.

Outlook

Acquisition Integration Focus Integration of Echo Lake Foods ongoing; temporary production volume reduction expected through remainder of fiscal 2026.

Cage-Free Capacity Expansion Investing in expansion projects expected to add 1.1 million cage-free layer hens and 250,000 pullets in fiscal 2026.

Share Repurchase Authorization $375.2M remains authorized for opportunistic share repurchases funded by existing cash and future free cash flow.

New Accounting Standards Currently evaluating impact of new FASB ASUs regarding income tax disclosures and expense disaggregation disclosures.

Peer Comparison

Revenue (TTM)

DAR

$6.14B

+7.4%

COTY

$5.81B

-4.6%

PSMT

$5.39B

+7.8%

Gross Margin (Latest Quarter)

COTY

59.4%

-1.0pp

LAUR

35.8%

-1.5pp

VITL

35.8%

+0.8pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
DAR	$8.57B	136.5	1.4%	0.0%
PSMT	$4.85B	32.2	11.9%	13.6%
LAUR	$4.77B	17.0	26.4%	38.4%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

-18.4%

Growth Under Pressure

4Q Net Income CAGR

-41.3%

Declining Profitability

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:Apr 6, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data