Cal-Maine Foods (CALM) Misses Q4 EPS by 2c

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Cal-Maine Foods Reports Fourth Quarter and Fiscal 2018 Results

July 23, 2018 6:30 AM EDT

JACKSON, Miss.--(BUSINESS WIRE)-- Cal-Maine Foods, Inc. (NASDAQ: CALM) today reported results for the fourth quarter and fifty-two weeks ended June 2, 2018.

Net sales for the fourth quarter of fiscal 2018 were $443.1 million, a 61.4 percent increase, compared with $274.6 million for the fourth quarter of fiscal 2017. The Company reported net income of $71.8 million, or $1.48 per basic and diluted share, for the fourth quarter of fiscal 2018, compared with a net loss of $24.5 million, or $0.51 per basic and diluted share, for the fourth quarter of fiscal 2017. The fourth quarter of fiscal 2018 was a 13-week period... More