Cal-Maine Foods (CALM) Sees Over 70% Surge in Quarterly Sales Driven by Higher Egg Prices and

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 ...