Posts Tagged ‘egg’

Cal-Maine board authorizes two-for-one stock split

JACKSON — The board of directors of Cal-Maine Foods Inc. (NASDAQ:CALM) has approved a two-for-one stock split for shares of the company’s common stock and Class A common stock, to be effected via a stock dividend. Shareholders will receive one share of stock for each share they hold. The new shares will be distributed on […] [...]

Cal-Maine strikes joint venture deal with Arizona company

JACKSON — Cal-Maine Foods Inc. (NASDAQ: CALM) has entered into a new joint venture for specialty egg sales with Hickman’s Egg Ranch Inc. Based in Buckeye, Arizona, a suburb of Phoenix in western Maricopa County, Hickman’s Egg Ranch has been family-owned and operated since 1944. With processing operations located in Arizona, Colorado and California, and […] [...]

Despite tornadoes, state’s poultry growers optimistic

ACROSS MISSISSIPPI — The poultry industry is riding a wave of success, propelling it from a strong 2013 into another year with promises of favorable market prices and lower production costs. John Michael Riley, an agricultural economist with the Mississippi State University Extension Service, said several issues will influence poultry profits in 2014. “We expect […] [...]

Cal-Maine sees better sales, net income

JACKSON — Cal-Maine Foods Inc. (NASDAQ: CALM) has released its results for the third quarter and nine months ended March 1, 2014. Net sales for the third quarter of fiscal 2014 were $395.5 million, compared with net sales of $360.4 million for the third quarter of fiscal 2013. The company reported net income of $42.9 million, or $1.78 […] [...]

Self, Cal-Maine executive, dies at 84

JACKSON — Jack B. Self, a long-time executive with Cal-Maine Foods Inc., has died. He was 84. Self served as the company’s vice president of operations-production, and had been an employee of Cal-Maine Foods since 1968. Dolph Baker, chairman, president and CEO of Cal-Maine, said, “All of us at Cal-Maine Foods are deeply saddened by […] [...]

Cal-Maine buys remaining interest in Delta Egg Farm

JACKSON — Cal-Maine Foods Inc. has reached an agreement to acquire 50 percent of the membership interests of Delta Egg Farm, LLC from Sunbest Foods of Iowa Inc., a Moark, LLC affiliate. Cal-Maine currently owns the remaining 50 percent of Delta Egg Farm, so the entity will become a wholly owned subsidiary of the company. […] [...]

Cal-Maine reports improved sales, net income

JACKSON — Cal-Maine Foods Inc. (NASDAQ: CALM) has released the results for the second quarter and six months ended Nov. 30, 2013. Net sales for the second quarter of fiscal 2014 were $354.3 million, an 8 percent increase compared with net sales of $328.9 million for the second quarter of fiscal 2013. The company reported net […] [...]

Cal-Maine sees income fall while costs rise

JACKSON — Cal-Maine Foods Inc. said today that its fiscal first-quarter net income fell 6 percent as feed and production costs climbed. The egg producer earned $8.8 million, or 36 cents per share, for the period ended Aug. 31. That compares with $9.4 million, or 39 cents per share, a year earlier. Revenue for the […] [...]

Cal-Maine’s bottom line impacted by antitrust settlement

JACKSON — Cal-Maine Foods Inc., for the fourth quarter of fiscal 2013, saw net sales of $325.9 million compared with net sales of $275.2 million for the fourth quarter a year ago. The egg company reported a net loss of $3.8 million, or $0.16 per basic share, for the fourth quarter of fiscal 2013 compared […] [...]

Cal-Maine settles anti-trust lawsuit filed in Pennsylvania

JACKSON — Egg producer Cal-Maine Foods Inc. said today that it agreed to settle egg antitrust class action claims for $28 million pretax. The claims were filed in Pennsylvania federal court. Class members can opt in or out of the settlement. The class-action lawsuit alleges that Cal-Maine and some producers of shell eggs and egg […] [...]

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