CAL-MAINE FOODS INC (CALM) Form 8-K — Sep 30, 2026
Cal-Maine Foods reported a Q1 FY2027 loss of $58.6 million, or $(1.26) per diluted share, versus net income of $199.3 million ($4.12 diluted EPS) a year ago, as net sales fell 41.5% to $539.6 million. The collapse was driven by conventional shell egg prices down 59.3% amid an abundantly supplied market after industry flock repopulation, producing a $71.0 million segment loss in conventional eggs. Specialty and Prepared Foods now make up 54.1% of net sales, and management is targeting more than 60% growth in Prepared Foods capacity by the first half of fiscal 2028.
Key figures
- Revenue
- 539607000
- Revenue Yoy
- -41.5%
- Total Assets
- 3013379000
- Cash Position
- 767592000
- Gross profit q1 fy27
- 403000
- Post quarter buyback
- $14.9 million (204,888 shares)
- Prior year net income
- 199340000
- Repurchase dollars q1
- 5000000
- Shares repurchased q1
- 66601
- Conventional egg price change
- -59.3%
- Repurchase authorization remaining
- 315700000
- Cumulative loss before next dividend
- 94500000
- Prepared foods capacity growth target
- >60% by H1 FY2028
- Specialty plus prepared foods pct of sales
- 54.1%
AI analysis
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