Cal-Maine Foods (CALM) Misses Q2 EPS by 14c

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Cal-Maine Foods Reports Second Quarter Fiscal 2016 Results

December 23, 2015 4:05 PM EST

JACKSON, Miss.--(BUSINESS WIRE)-- Cal-Maine Foods, Inc. (NASDAQ: CALM) today reported results for the second quarter and six months ended November 28, 2015.

Net sales for the second quarter of fiscal 2016 were $546.0 million, a 44.2 percent increase compared with net sales of $378.6 million for the second quarter of fiscal 2015. The Company reported net income of $109.2 million, or $2.27 per basic share and $2.26 per diluted share, for the second quarter of fiscal 2016 compared with $36.6 million, or $0.76 per basic and diluted share, for the second quarter of fiscal 2015.

For the first six months of fiscal 2016, net sales were... More