Cal-Maine Foods (CALM) Tops Q4 EPS by 18c, Sales Miss
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Cal-Maine Foods Reports Fourth Quarter and Fiscal 2016 Results
July 18, 2016 6:30 AM EDTJACKSON, Miss.--(BUSINESS WIRE)-- Cal-Maine Foods, Inc. (NASDAQ: CALM) today reported results for the fourth quarter and fiscal year ended May 28, 2016.
Net sales for the fourth quarter of fiscal 2016 were $303.0 million, a 24.8 percent decrease compared to $403.0 million for the fourth quarter of fiscal 2015. The Company reported a net loss of $376,000, or $0.01 per basic and diluted share, for the fourth quarter of fiscal 2016, compared to net income of $46.1 million, or $0.96 per basic share and $0.95 per diluted share, for the fourth quarter of fiscal 2015.
For the fiscal year 2016, net sales were $1,908.7 million... More
