Cal-Maine Foods, Inc. (NASDAQ: CALM ) recently delivered better than expected quarterly results, driven by higher egg prices as well as recent inorganic efforts. The company seemed to react well to recent outbreaks of HPAI thanks to London Stock Market Research is a service offered by an ex-investment banker from the city of London. After around 11 years in the industry, I decided to drop out, and made dollars out of what I learned in business. I appreciate value investments, and I usually buy companies tha ...

Cal-Maine Foods, the largest egg producer and distributor in the U.S., announced a significant increase in its quarterly sales. The rise in egg prices and a reduction in production costs boosted the company's sales by more than 70% compared to the same period last year. For the first quarter of fiscal 2025, Cal-Maine Foods reported sales soaring from $489 million last year to $786 million, surpassing the expected $705 million. The company attributed this growth to higher net average selling prices and incre ...

Index UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☑ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended August 31, 2024 or ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ____________ to ____________ Commission File Number: 001-38695 CAL-MAINE FOODS, INC. (Exact name of registrant as specified in its charter) Delaware 64-0500378 (Sta ...

Exhibit 99.1 Contacts: Sherman Miller, President and CEO Max P. Bowman, Vice President and CFO (601) 948-6813 CAL-MAINE FOODS REPORTS RESULTS FOR FIRST QUARTER FISCAL 2025 RIDGELAND, Miss. (October 1, 2024) - Cal-Maine Foods, Inc. (NASDAQ: CALM) ("Cal-Maine Foods" or the "Company"),the largestproducer anddistributor offresh shelleggs inthe UnitedStates, todayreported results for the first quarter of fiscal 2025 (thirteen weeks) ended August 31, 2024. First Quarter Fiscal 2025 Highlights ● Quarterly net sale ...

Partnership and Collaboration - Revitalist Lifestyle and Wellness Ltd partners with Sama Therapeutics to expand access to mental health care through novel technology, including the release of a proprietary Digital Human Artificial Intelligence Agent [1] - The collaboration aims to enhance mental health assessments globally by integrating advanced AI technology [1][4] Technology and Innovation - The AI Agent, modeled after Revitalist CEO Kathryn Walker, engages patients in conversational dialogue and implements the proprietary Federal Unit Scale (FUS) for mental health screening [2] - The FUS was rigorously validated through an analysis of 11,798 participants, demonstrating strong psychometric properties [2] - Sama's AI Agent platform can create lifelike digital human avatars of healthcare providers, capable of communicating in over 100 languages and capturing audiovisual biomarkers for precise data collection [3] Impact and Vision - The partnership is expected to redefine mental health care accessibility and engagement on a global scale by integrating medically and ethically sound AI in neuropsychiatry [3][4] - The collaboration aims to deliver the highest standard of patient care and clinical research with exceptional efficiency [4] Company Overview - Revitalist Lifestyle and Wellness Ltd is a mental health and wellness company focused on comprehensive care in the ketamine wellness space, operating through physical locations and virtual offices across 35 states [5] - Sama Therapeutics is a leading innovator in AI-powered precision medicine, utilizing its proprietary iMAGiNE™ platform to deliver personalized brain health assessments [6] - Sama integrates generative AI with computational life sciences to redefine "software as a medical device" across various disorders [7] - Sama's mission is to unlock brain health through integrative neurotechnology, transforming psychiatric and neurological medicine [8]

Vancouver, British Columbia--(Newsfile Corp. - August 20, 2024) - Revitalist Lifestyle and Wellness Ltd. (CSE: CALM) (OTC: RVLWF) (FSE: 4DO) proudly announces its sponsorship of The American Legion's 105th National Convention, scheduled for August 23-29, 2024 giving away two psychedelic retreats, free psychedelic and ketamine consultations as well as donating 100% of their sales to Veterans in need of ketamine and psychedelic therapies. This pivotal event focuses on addressing the urgent issue of veteran su ...

● . . Revitalist Lifestyle and Wellness CEO Kathryn A. Walker to Speak at The AANA Annual Congress on Psychedelics in Anesthesia July 31, 2024 8:30 AM EDT | Source: Revitalist Lifestyle & Wellness Ltd Vancouver, British Columbia--(Newsfile Corp. - July 31, 2024) - Revitalist Lifestyle and Wellness Ltd. (CSE: CALM) (OTC: RVLWF) (FSE: 4DO) (the "Company") announces that Kathryn A. Walker, CEO of Revitalist Lifestyle and Wellness Ltd., will be presenting at the American Association of Nurse Anesthesiologists ( ...

● Kathryn A. Walker Releases Insightful New Book 'Inflamed: Theory' on Kindle and Amazon July 26, 2024 4:01 PM EDT | Source: Revitalist Lifestyle & Wellness Ltd In "Inflamed: Theory," Walker, an accomplished nurse anesthetist and psychiatric nurse practitioner, delves into the intricate relationship between mental health and the neurological and inflammatory processes within the brain. This insightful book challenges traditional mental health theories and introduces innovative approaches to understanding an ...

Cal-Maine Foods (NASDAQ:CALM) reports a significant amount of cash, and recently announced two acquisitions. It also plans to acquire more targets. CALM also noted organic growth driven by valued-added products like hard-cooked eggs and potential opportunities in restaurant, institutional, and industrial food products arenas. Given previous FCF growth, net income growth, and the number of years in the industry, I assumed free cash flow growth from 2025 to 2029, and obtained an implied fair price of close to ...

Financial Performance - For the fiscal year ending June 1, 2024, net income attributable to Cal-Maine Foods, Inc. was $277.888 million, a decrease from $758.024 million in the previous fiscal year, representing a decline of approximately 63.4%[12]. - Basic net income per common share for fiscal 2024 was $5.70, down from $15.58 in fiscal 2023, indicating a decrease of about 63.4%[12]. - Total net revenue for fiscal 2024 was $2.326 billion, a decrease from $3.146 billion in fiscal 2023, representing a decline of approximately 26.0%[65]. - The company reported a gross profit margin of 23.3% for fiscal 2024, down from 38.0% in fiscal 2023[145]. - Operating income fell to $312.5 million in fiscal 2024, down from $967.7 million in fiscal 2023, indicating a decline of approximately 67.7%[152]. - The company reported a basic net income per share of $5.70 for the fiscal year ending June 1, 2024, down from $15.58 in the previous year[199]. - Comprehensive income attributable to Cal-Maine Foods, Inc. was $279,001 for the fiscal year ending June 1, 2024, compared to $756,734 in the prior year, indicating a substantial decline[202]. Sales and Revenue Composition - Cage-free egg revenue represented approximately 29.5% of total net shell egg sales for fiscal year 2024[31]. - Specialty eggs, including cage-free, organic, and free-range, are a significant and growing segment, with total specialty egg sales accounting for 39.8% of revenue in 2024[33]. - Egg product sales constituted approximately 3.8% of total revenue in fiscal 2024[32]. - Specialty shell egg sales accounted for 41.4% of total net sales in fiscal 2024, compared to 31.6% in fiscal 2023, indicating a shift towards higher-margin products[147]. - The average net selling price of shell eggs decreased by 34% in fiscal 2024 compared to fiscal 2023, with the average UB southeastern large index price at $1.932[143]. Production and Capacity - The total flock as of June 1, 2024, consisted of approximately 39.9 million layers and 11.8 million pullets and breeders[25]. - The company has a production capacity of up to 48.0 million layers across 43 shell egg production facilities[123]. - The company operates 26 feed mills with a production capacity of 949 tons of feed per hour[123]. - The company has 44 processing and packaging facilities with a capacity of approximately 605,700 dozen shell eggs per hour[123]. - The company has ongoing construction projects aimed at expanding its cage-free egg production capabilities, expected to phase into production through fiscal 2026[124]. Market and Competitive Landscape - The company sold shell eggs and egg products in 39 states and Puerto Rico, utilizing an extensive distribution network[46]. - The ten largest producers owned approximately 54% of industry table egg layer hens at the end of 2023[48]. - Fresh shell eggs accounted for 96.1% to 96.6% of the company's net sales over the last three fiscal years, indicating a highly competitive market[103]. - Increased competition in the shell egg market could lead to price reductions and loss of market share, negatively impacting financial results[103]. Legal and Regulatory Matters - The company is involved in ongoing legal proceedings related to alleged violations of the Texas Deceptive Trade Practices Act, with a trial date tentatively set for August 11, 2025[16]. - The jury awarded the Egg Products Plaintiffs $17.8 million in damages, which could lead to a total liability of $53.3 million if treble damages are applied[72]. - The Company recorded an accrued expense of $19.6 million in selling, general and administrative expenses related to the Egg Products litigation[72]. - The court found the defendants liable for state law nuisance and federal common law nuisance in the Oklahoma Watershed Pollution Litigation, but no penalties were assessed[73]. - The Company has a reasonable possibility of a material loss from the Oklahoma litigation, but the monetary exposure cannot be estimated at this time[73]. Employee and Labor Matters - As of June 1, 2024, the company employed 3,067 individuals, with 2,370 in egg production, processing, and marketing[52]. - Approximately 76% of employees are paid at hourly rates above the federal minimum wage, with the company covering about 82% of health plan costs[55]. - Approximately 76% of the company's employees are paid at hourly rates, often in entry-level positions, which could lead to increased labor costs due to rising minimum wage requirements[105]. - Labor costs increased primarily due to the pandemic, with continued wage rises expected in fiscal 2023 and 2024 due to inflation and low unemployment[105]. Financial Position and Capital Management - The company aims to maintain a strong balance sheet and liquidity to support growth opportunities and stockholder returns, focusing on dividends, acquisitions, and capital expenditures[153]. - Working capital increased to $1.0 billion as of June 1, 2024, compared to $942.2 million at June 3, 2023, while the current ratio decreased to 5.5 from 6.2[160]. - The company has a Credit Facility with an initial aggregate principal amount of up to $250 million, with no amounts borrowed as of June 1, 2024[90]. - The company has a maximum Total Funded Debt to Capitalization Ratio of no greater than 50% as per the Credit Agreement[90]. Risks and Challenges - Consumer demand for shell eggs may decline due to adverse publicity and changing dietary trends, which could materially affect future financial results[94]. - Feed costs represent 55% to 63% of total farm production costs over the last five fiscal years, and volatility in these costs can adversely impact operations and cash flow[94]. - The company experienced HPAI outbreaks leading to the depopulation of 3.1 million laying hens and 577,000 pullets, which could negatively impact financial results if such outbreaks continue[96]. - Global health crises, such as pandemics, could disrupt operations and adversely affect financial results due to increased costs and supply chain disruptions[101]. - Legal proceedings may expose the company to significant liabilities, adversely affecting business reputation and financial condition[110]. Corporate Governance and Management - The company is controlled by the family of the late founder, holding approximately 52.0% of the total voting power, which may affect corporate governance and decision-making[105]. - The company has a crisis management plan in place to respond to cybersecurity incidents, ensuring minimal disruption to operations[114]. - The company is governed by a Board responsible for overseeing management's risk mitigation processes related to cybersecurity threats[120]. Acquisitions and Growth Strategy - The growth strategy focuses on strategic acquisitions, organic growth, and expansion of value-added products, including hard-cooked eggs[50]. - The Company acquired assets of ISE America, Inc. for approximately $110 million, which includes facilities for 4.7 million laying hens and a customer distribution network across the Northeast and Mid-Atlantic states[76]. - The company completed the acquisition of Fassio Egg Farms, Inc. in September 2023, enhancing its market presence in Utah and the western U.S.[138]. - The company plans to pursue selective acquisitions to expand cage-free shell egg production capabilities, which may involve risks related to demand estimation and integration[101].