Cal-Maine Foods, Inc. (CALM) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and welcome to the CalMaine Foods, Inc. fourth quarter and fiscal year 2026 earnings call and webcast. Joining us on today's call are Sherman Miller, President and CEO, Max Bowman, VP and CFO, Keira Lombardo, Chief Strategy Officer, and John Zoeller, CFO, Prepared Foods. All participants are in a listen-only mode. After today's prepared remarks, there will be a question and answer session. At that time, I will provide instructions for those wishing to ask a question. Please note this call is being recorded. I will now turn the call over to Sherman. Please go ahead. Sherman Miller Good morning. Thank you for joining us today. I want to remind everyone that today's remarks may include forward-looking statements. These are based on management's current expectations and are subject to risk and uncertainties described in our SEC filings. I'd like to begin by highlighting the strategic progress we have made over the course of fiscal 2026. Throughout the fiscal year, we remain focused on diversifying our sales mix, an important initiative that we believe will strengthen the durability and predictability of our earnings over time. We completed several strategic acquisitions that advance our long-term objectives. We acquired certain assets of Creighton Brothers LLC and its affiliates that are expected to further enhance our vertically integrated operating model and strengthen connectivity across our value chain. Building on our successful acquisition of Echo Lake Foods in 2025, we further diversified our earnings profile and expanded into higher value consumer facing markets through our more recent Vans Food brand acquisition. and subsequent to fiscal year end, we increased our distribution footprint by acquiring additional Eggland's Best franchise ter...