Cal-Maine Foods (CALM) Shares Down 8% on Q2 Miss
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Cal-Maine Foods (CALM) Misses Q2 EPS by 26c
December 28, 2021 4:06 PM ESTCal-Maine Foods (NASDAQ: CALM) reported Q2 EPS of $0.02, $0.26 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $390.9 million versus the consensus estimate of $387.77 million.
Dolph Baker, chairman and chief executive officer of Cal-Maine Foods, Inc., stated, We were pleased to report higher sales for the second quarter of fiscal 2022 compared with the prior year, driven by improved shell egg pricing. For the second quarter of fiscal 2022, the net average selling price for all eggs increased 11.9 percent to $1.373 per dozen compared with $1.227 per dozen in the prior-year period. Our sales... More
