CALM Stock Sees Solid Earnings Growth on High Egg Prices & Demand
Cal-Maine Foods(CALM) ZACKS·2025-01-08 21:00
CalMaine Foods, Inc. (CALM) reported earnings per share of $4.47 in second-quarter fiscal 2025 (ended Nov. 30, 2024). This represents a significant improvement from earnings of 35 cents in the year-ago quarter, driven by robust demand and elevated egg prices.Egg prices have been high as supply remains constrained due to the recent outbreaks of highly pathogenic avian influenza (“HPAI”). CalMaine achieved records for total dozens sold and specialty dozens sold in the quarter, with heightened demand leading u ...