Cal-Maine Foods (CALM) Tops Q3 EPS by $1.84

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Cal-Maine Foods Reports Results for Third Quarter Fiscal 2023

March 28, 2023 4:05 PM EDT

Announces Quarterly Cash Dividend of $2.20 Per Share

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 third quarter of fiscal 2023 (thirteen weeks) ended February 25, 2023.

Third Quarter Fiscal 2023 Highlights

Quarterly net sales of $997.5 million, driven by strong conventional egg prices Quarterly net income of $323.2 million, or $6.64 per basic and $6.62 per diluted common share Cash dividend of $107.7 million, or $2.20 per... More