Amazon.com Inc. is planning a 229,000-square-foot store selling groceries and general merchandise in the Chicago area, a fresh attempt at physical retail that borrows from the big-box store model of such competitors as Walmart Inc. and Target Corp. If approved by officials in the Chicago suburb of Orland Park, Amazon could begin construction later this year. Earlier this month, the village planning commission reviewed the project, which has been endorsed by Mayor Jim Dodge. Most Read from Bloomberg “We ...

Investors are closely watching the convenience retail sector as new research highlights shifting demand and competitive pressures.BofA Securities analyst Lisa K. Lewandowski initiated coverage on Murphy USA Inc. (NYSE:MUSA) and Casey’s General Stores, Inc. (NASDAQ:CASY).Casey’s General StoresAnalyst Lewandowski initiated coverage of Casey’s General Stores with a Buy rating and a $700 price objective.Lewandowski based the valuation on a 2027 EV-to-EBITDA multiple of 15.9 times. That multiple sits slightly ab ...

In 2026, shell egg sales represented 85% of total net sales compared to 94.5% in 2025. Specialty eggs drove a greater portion of shell egg sales, accounting for 39.6% of total shell egg sales compared to 33%. Specialty eggs and prepared foods combined accounted for 42.8% of net sales compared to 32.4%. None of this happens without our people. I want to sincerely thank our teams across the organization whose disciplined focus and commitment to excellence drive the operational and financial performance that u ...

Cal-Maine Foods (NasdaqGS:CALM) Q2 2026 Earnings Call January 07, 2026 09:00 AM ET Company ParticipantsBenjamin Mayhew - VP of Equity ResearchMax Bowman - VP and CFOHeather L. Jones - Equity ResearchSherman Miller - President and CEOConference Call ParticipantsLeah Jordan - Equity Research AnalystPooran Sharma - Equity Research AnalystBen Klieve - Equity Research AnalystOperatorGood morning, everyone, and welcome to the Cal-Maine Foods second quarter fiscal 2026 earnings conference call. All participants ar ...

Financial Performance - Cal-Maine Foods' net sales for Q2 FY26 were $769.5 million, a decrease of 19.4%[8] - Gross profit for Q2 FY26 was $207.4 million, down 41.8%[8] - Operating income for Q2 FY26 was $123.9 million, a decrease of 55.5%[8] - Net income attributable to Cal-Maine for Q2 FY26 was $102.8 million, down 53.1%[8] - Diluted EPS for Q2 FY26 was $2.13, a decrease of 52.3%[8] - Net cash flow from operations for Q2 FY26 was $94.8 million, down 22.8%[8] Strategic Growth & Diversification - Specialty eggs and prepared foods accounted for 46% of net sales in Q2 FY26, an increase from 31% in Q2 FY25[10, 11] - Specialty eggs represented 44% of shell egg sales in Q2 FY26, up from 32% in Q2 FY25[13, 15] - The company is investing to expand prepared foods capabilities, expecting to add 17 million pounds annually of scrambled egg production by mid-fiscal 2027[17] - A high-speed pancake line is expected to add another 12 million pounds of capacity through early fiscal 2027[17] - Crepini Foods is investing to add 18 million pounds of capacity, expanding production more than sevenfold[17] Capital Allocation - Cal-Maine repurchased 846,037 shares of its common stock during the quarter for a total of $74.8 million[23]

Cal-Maine Foods, Inc. (NASDAQ:CALM) stock rose Wednesday after the egg producer delivered a second-quarter earnings beat, easing investor concerns over falling egg prices even as revenue and profitability slid sharply year over year.The company reported second-quarter earnings per share of $2.13, beating the analyst consensus estimate of $1.94.Quarterly sales of $769.50 million (down 19.4% year over year) missed the Street view of $826.395 million.“With lower egg prices, our increasingly diversified busines ...

Cal-Maine Foods, Inc. (NASDAQ:CALM) is included among the 13 Best Debt Free Dividend Stocks to Buy Now. Benchmark Starts Cal-Maine (CALM) at Buy, Sees Mispriced Earnings Power On December 1, Benchmark began coverage of Cal-Maine Foods, Inc. (NASDAQ:CALM) with a Buy rating and a $100 price target. While the Cal-Maine name is widely recognized, the firm believes the stock’s valuation is “over-indexed to its legacy as a commodity producer.” In Benchmark’s view, the market is underestimating major changes un ...

Tyson Foods, Inc. (TSN), based in Springdale, Arkansas, operates a global protein empire through its Beef, Pork, Chicken, and Prepared Foods segments. It processes cattle, hogs, and chickens into fresh, frozen, and value-added products, managing iconic brands like Tyson, Jimmy Dean, Hillshire Farm, and Ball Park. The company holds a market capitalization of around $20.4 billion, which firmly places it in the “large-cap” category, as companies valued above $10 billion earn that distinction. This scale und ...

Core Viewpoint - Casey's General Stores, Inc. is a significant player in the convenience store industry, with a strong market presence and growth potential despite its premium valuation [1][3][5]. Company Overview - Casey's General Stores operates over 2,000 locations across the Midwest and Southern regions of the United States, offering a variety of products including fuel, groceries, and prepared foods [1]. - The company has a market capitalization of approximately $19.82 billion, indicating its substantial size in the market [5]. Stock Performance - As of late 2025, Casey's stock price is approximately $533.18, reflecting a decrease of about 5.34% or $30.06 from previous levels [4]. - The stock has fluctuated between a low of $529.84 and a high of $569.39 during the trading day, with a yearly high of $573.76 and a low of $372.09 [4]. Analyst Insights - Goldman Sachs set a price target of $530 for Casey's stock, indicating that it is trading near its expected value, with the stock currently at $533.76, about 0.70% higher than the target [2][6]. - The stock is trading at approximately 33 times its current-year earnings, suggesting a premium valuation, but this is supported by the company's strong market presence and growth potential [3][6]. Investor Interest - The trading volume for the day is 581,942 shares, indicating active investor interest in Casey's stock [5][6].

Core Viewpoint - Casey's General Stores' stock price is expected to trend higher due to strong growth prospects, healthy cash flow, and broad market support, despite current valuation concerns [2][3]. Group 1: Financial Performance - Casey's General Stores reported a solid fiscal Q2 with net revenue of $4.51 billion, reflecting a year-over-year growth of 14.2%, driven by new-store growth and comparable store sales [5]. - Inside sales increased by 13%, with inside comparable sales up by 3.3% and fuel gallon comparable sales up by 0.8% [6]. - The company achieved an EBITDA increase of 17.5%, with net income and GAAP earnings rising by 14%, resulting in a GAAP EPS of 33 cents, which exceeded market expectations by 630 basis points [7]. Group 2: Cash Flow and Capital Returns - Casey's generates substantial free cash flow, supported by operational efficiency and a strong balance sheet, with total liabilities at 1.25 times equity and rising shareholder equity [8]. - Shareholder equity increased by 8% year-to-date, alongside dividend payments and share buybacks, indicating a commitment to returning value to shareholders [8]. Group 3: Market Support - The stock is trading at approximately 10 times its 2035 earnings outlook, suggesting a potential 100% upside in stock price over the coming years, supported by institutional and analyst backing [3]. - The overall market sentiment is positive, with a tendency toward accumulation of Casey's stock, which is expected to drive further price appreciation [3].