Cal-Maine Foods (CALM) Tops Q2 EPS by 49c

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Cal-Maine Foods Reports Record Fiscal Fourth Quarter and Fiscal Year 2022 Results; Announces Quarterly Cash Dividend

July 19, 2022 4:05 PM EDT

Record fourth quarter net income of $110.0 million, or $2.25 per diluted common share Fourth quarter net sales of $593.0 million, up 69.5% year-over-year Fiscal year 2022 net income of $132.7 million, or $2.72 per diluted share, versus net income of $2.1 million in fiscal 2021 Fiscal 2022 net year sales increased to nearly $1.8 billion, up 31.7% versus fiscal 2021 Announces fourth quarter fiscal 2022 cash dividend of $0.75 per share Approved $55.3 million capital project subsequent to the quarter end to convert existing layer capacity to cage-free capacity for approximately 1.5 million cage-free hens

RIDGELAND, Miss.--(BUSINESS WIRE)-- Cal-Maine Foods,... More