Cal-Maine Foods (CALM) Tops Q3 EPS by 60c

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Cal-Maine Foods Reports Third Quarter Fiscal 2018 Results

April 2, 2018 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 March 3, 2018.

Net sales for the third quarter of fiscal 2018 were $435.8 million, a 42.2 percent increase, compared to $306.5 million for the third quarter of fiscal 2018. The Company reported net income of $96.3 million, or $1.99 per basic and diluted share, for the third quarter of fiscal 2018, compared to $4.1 million, or $0.09 per basic and diluted share, for the third quarter of fiscal 2017. Results for the third quarter of fiscal 2018 were favorably affected by a $35.0 million, or $0.72... More