Cal-Maine Foods (CALM) Tops Q2 EPS by 1c, Revenues Miss

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Cal-Maine Foods Reports Second Quarter Fiscal 2019 Results

January 4, 2019 6:30 AM EST

JACKSON, Miss.--(BUSINESS WIRE)-- Cal-Maine Foods, Inc. (NASDAQ: CALM) today reported results for the second quarter (thirteen weeks) ended December1, 2018.

Net sales for the second quarter of fiscal 2019 were $356.0 million, a 1.4 percent decrease, compared to $361.2 million for the second quarter of fiscal 2018. The Company reported net income of $21.8 million, or $0.45 per basic and diluted share, for the second quarter of fiscal 2019, compared to a loss of $26.1 million, or $0.54 per basic and diluted share, for the second quarter of fiscal 2018. Results for the second quarters of fiscal 2019 and 2018 include charges for certain legal... More