Cal-Maine Foods (CALM) Shares Down 8% on Q2 Miss
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Cal-Maine Foods Reports Second Quarter Fiscal 2022 Results
December 28, 2021 4:05 PM ESTRIDGELAND, Miss.--(BUSINESS WIRE)-- Cal-Maine Foods, Inc. (NASDAQ: CALM) today reported results for the second quarter of fiscal 2022 (thirteen weeks) and 26-week period ended November 27, 2021.
Net sales in the second quarter of fiscal 2022 increased 12.5 percent to $390.9 million compared to $347.3 million in the second quarter of fiscal 2021. The Company reported net income of $1.2 million, or $0.02 per basic and diluted common share, for the second quarter of fiscal 2022, compared to net income of $12.2 million, or $0.25 per basic and diluted common share, for the second quarter of fiscal 2021.
For the twenty-six weeks ended November 27, 2021,... More
