Cal-Maine Foods (CALM) Tops Q4 EPS by 4c, Revenues Miss

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Go back to Cal-Maine Foods (CALM) Tops Q4 EPS by 4c, Revenues Miss

Cal-Maine Foods Reports Fourth Quarter and Fiscal 2020 Results

July 20, 2020 6:30 AM EDT

JACKSON, Miss.--(BUSINESS WIRE)-- Cal-Maine Foods, Inc. (NASDAQ: CALM) today reported results for the fourth quarter (13 weeks) and fiscal year ended May 30, 2020.

Net sales for the fourth quarter of fiscal 2020 were $453.3 million, a 61.6 percent increase compared to $280.6 million for the fourth quarter of fiscal 2019. The Company reported net income of $60.5 million, or $1.25 per basic share and $1.24 per diluted share, for the fourth quarter of fiscal 2020, compared to net loss of $19.8 million, or $(0.41) per basic and diluted share, for the fourth quarter of fiscal 2019.

For the fiscal year 2020, net sales were $1,351.6... More