Cal-Maine Foods (CALM) Misses Q3 EPS by 13c

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Go back to Cal-Maine Foods (CALM) Misses Q3 EPS by 13c

Cal-Maine Foods Reports Third Quarter Fiscal 2017 Results

March 27, 2017 6:30 AM EDT

JACKSON, Miss.--(BUSINESS WIRE)-- Cal-Maine Foods, Inc. (NASDAQ: CALM) today reported results for the third quarter and thirty-nine weeks ended February 25, 2017.

Net sales for the third quarter of fiscal 2017 were $306.5 million, a 31.8 percent decrease, compared with $449.8 million for the third quarter of fiscal 2016. The Company reported a net income of $4.1 million, or $0.09 per basic and diluted share, for the third quarter of fiscal 2017, compared with net income of $64.2 million, or $1.33 per basic and diluted share, for the third quarter of fiscal 2016.

For the thirty-nine weeks ended February 25, 2017, net sales were $799.9 million... More