Cal-Maine Foods (CALM) Misses Q1 EPS by 11c

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Go back to Cal-Maine Foods (CALM) Misses Q1 EPS by 11c

Cal-Maine Foods Reports First Quarter Fiscal 2018 Results

October 2, 2017 6:30 AM EDT

JACKSON, Miss.--(BUSINESS WIRE)-- Cal-Maine Foods, Inc. (NASDAQ: CALM) today reported results for the first quarter of fiscal 2018 ended September 2, 2017.

Net sales for the first quarter of fiscal 2018 were $262.8 million compared with $239.8 million for the prior-year period. The Company reported a net loss of $16.0 million, or $0.33 per basic and diluted share, for the thirteen weeks ended September 2, 2017, compared with a net loss of $30.9 million, or $0.64 per basic and diluted share, for the year-earlier period.

Dolph Baker, chairman, president and chief executive officer of Cal-Maine Foods, Inc., stated, We are pleased... More