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Cal-Maine Foods Reports Second Quarter Fiscal 2026 Results
RIDGELAND, Miss., Jan. 07, 2026 (GLOBE NEWSWIRE) -- Cal-Maine Foods, Inc. (NASDAQ: CALM) (“...
About this update from Revitalist Lifestyle & Wellness Ltd.
[{"type":"text","content":"Cal-Maine Foods Reports Second Quarter Fiscal 2026 Results\nRIDGELAND, Miss., Jan. 07, 2026 (GLOBE NEWSWIRE) -- Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods,” “we,” “us,” “our” or the “company”), the largest egg company in the United States and a leading player in the egg-based food industry, today reported results for its fiscal 2026 second quarter, ended November 29, 2025. Unless otherwise indicated, all comparisons are to the comparable period of fiscal 2025. Strategic Execution Highlights Continued focus on sales diversification and mix shift, expected to strengthen earnings durability and predictability over time In the second quarter of fiscal 2026 Shell egg sales represented 84.4% of total net sales, down 1,030 basis pointsSpecialty eggs drove a greater portion of shell egg sales, accounting for 44.0% of total shell egg sales, up 1,230 basis pointsSpecialty eggs and prepared foods combined accounted for 46.4% of net sales, up 1,520 basis pointsAnnounced a $36 million investment to centralize and expand prepared foods production, increasing capacity by over 30% in the next two years to support long-term growth in high-protein, ready-to-eat productsAcquired Clean Egg, LLC production assets expanding specialty, free-range egg capacity to support local sourcing, capture accelerating market growth, and optimize supply chain In the first half of fiscal 2026 Shell egg sales represented 85.0% of total net sales, down 950 basis pointsSpecialty eggs drove a greater portion of shell egg sales, accounting for 39.6% of total shell egg sales, up 660 basis pointsSpecialty eggs and prepared foods combined accounted for 42.8% of net sales, up 1,040 basis points Second Quarter Fiscal 2026 Highlights Net sales of $769.5 million, down 19.4% Shell egg sales of $649.6 million, down 28.1% Conventional egg sales of $363.9 million, down 41.0%Specialty egg sales of $285.7 million, down 0.4%Breeder flocks grew 12.7%, total chicks hatched rose 65.1%, and the average number of layer hens expanded 2.6% Prepared foods sales of $71.7 million versus $10.4 million, up 586.4% Sales down 14.5% sequentially due to short-term production decline during Echo Lake remodeling and expansion projects Gross profit of $207.4 million, down 41.8%, and gross profit margin of 27.0%Operating i...