Cal-Maine Foods (CALM) Misses Q2 EPS by 24c
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Cal-Maine Foods Reports Second Quarter Fiscal 2020 Results
January 6, 2020 6:30 AM ESTJACKSON, Miss.--(BUSINESS WIRE)-- Cal-Maine Foods, Inc. (NASDAQ: CALM) today reported results for the second quarter (thirteen weeks) ended November 30, 2019.
Net sales for the second quarter of fiscal 2020 were $311.5 million, a 12.5 percent decrease, compared to $356.0 million for the second quarter of fiscal 2019. The Company reported net loss of $10.1 million, or $0.21 per basic and diluted share, for the second quarter of fiscal 2020, compared to net income of $21.8 million, or $0.45 per basic and diluted share, for the second quarter of fiscal 2019.
For the twenty-six weeks ended November 30, 2019, net sales were $552.7 million compared... More
