Cal-Maine Foods (CALM) Misses Q3 EPS by 2c

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Go back to Cal-Maine Foods (CALM) Misses Q3 EPS by 2c

Cal-Maine Foods Reports Third Quarter Fiscal 2022 Results

March 29, 2022 4:05 PM EDT

RIDGELAND, Miss.--(BUSINESS WIRE)-- Cal-Maine Foods, Inc. (NASDAQ: CALM) today reported results for the third quarter of fiscal 2022 (thirteen weeks) and 39-week period ended February 26, 2022.

Net sales in the third quarter of fiscal 2022 increased 33.0 percent to $477.5 million compared to $359.1 million in the third quarter of fiscal 2021. The Company reported net income of $39.5 million, or $0.81 per basic and diluted common share, for the third quarter of fiscal 2022, compared to net income of $13.5 million, or $0.28 per basic and diluted common share, for the third quarter of fiscal 2021.

For the thirty-nine weeks ended February 26, 2022, net... More