Cal-Maine Foods (CALM) Misses Q4 EPS by 26c
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Cal-Maine Foods Reports Fourth Quarter and Fiscal 2017 Results
July 24, 2017 6:30 AM EDTJACKSON, Miss.--(BUSINESS WIRE)-- Cal-Maine Foods, Inc. (NASDAQ: CALM) today reported results for the fourth quarter and fifty-three weeks ended June 3, 2017.
Net sales for the fourth quarter of fiscal 2017 were $274.6 million, a 9.4 percent decrease, compared with $303.0 million for the fourth quarter of fiscal 2016. The Company reported a net loss of $24.5 million, or $0.51 per basic and diluted share, for the fourth quarter of fiscal 2017, compared with net loss of $376,000, or $0.01 per basic and diluted share, for the fourth quarter of fiscal 2016. These results include a payment of $5.5 million included in other... More
