Cal-Maine Foods (CALM) Tops Q2 EPS by 19c

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Go back to Cal-Maine Foods (CALM) Tops Q2 EPS by 19c

Cal-Maine Foods Reports Record Sales for Fiscal First Quarter 2023, Announces Quarterly Cash Dividend

September 27, 2022 4:05 PM EDT

RIDGELAND, Miss.--(BUSINESS WIRE)-- Cal-Maine Foods, Inc. (NASDAQ: CALM) (Cal-Maine Foods, or the Company), the largest producer and distributor of fresh shell eggs in the United States, today reported results for the first quarter of fiscal 2023 (thirteen weeks) ended August 27, 2022.

First Quarter Fiscal 2023 Highlights

Record quarterly net sales of $658.3 million, a 103% increase compared with the same quarter last year, driven by record average conventional selling price and record specialty sales volume First quarter net income of $125.3 million, or $2.58 per basic and $2.57 per diluted common share First... More