Cal-Maine Foods' Q3 profit more than triples to $716M as easing feed costs and strong egg pricing drove a 50.5% margin surge.
Cal-Maine Foods sold a record 331.4M dozen eggs in Q3 as seasonal demand, weather and capacity growth fueled volume gains.
CALM surges around 67% in a year, but falling egg prices and a sharp 2026 earnings drop challenge its lofty valuation.
Cal-Maine Foods acquires Echo Lake Foods to boost its value-added egg product offerings and tap rising demand for protein-rich breakfasts.
CALM jumps 57.6% in a year as earnings soar and cage-free investments grow. VITL slips 18% y/y amid higher costs despite steady revenue gains.
Initiate coverage on Cal-Maine Foods at Neutral with an $80 PT, driven by elevated egg prices in FY25 but expected sharp price normalization in FY26. Above-consensus FY25E revenues of $4.16bn due to sustained high egg prices; FY26E revenues projected to drop to $2.86bn due to rapid industry repopulation and USDA intervention. Cal-Maine's operational scale and vertical integration provide resilience, enabling it to capitalize on supply shocks and maintain superior profitability.
With egg prices declining for the first time in months, we examine the implications for Cal-Maine Foods and analyze whether the stock deserves a place in your portfolio.
WGS, NWG, HLF, CALM and ESEA have been added to the Zacks Rank #1 (Strong Buy) List on May 5, 2025.
HLF, CALM and ESEA made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 5, 2025.
Cal-Maine Foods (CALM) has seen record profits due to high egg prices and lower feed costs, despite a recent Q3 earnings miss. The avian flu has significantly impacted egg supply, driving prices up, but this situation is temporary and will eventually normalize. The company faces potential risks from a Justice Department investigation and possible stock dilution, despite having substantial cash reserves and no debt.
Shares of Cal-Maine Foods (CALM -3.45%), America's biggest egg producer, dropped 3% through 11:10 a.m. ET this morning -- for reasons that had nothing to do with inflation or the rising price of eggs.
Cal-Maine Foods (CALM) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, CALM broke out above the 50-day moving average, suggesting a short-term bullish trend.