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Tag Archives: Cal-Maine Foods Inc.

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 October 31, 2014, to shareholders ...

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Cal-Maine reports increased 1Q sales, net income

JACKSON — Cal-Maine Foods Inc. (NASDAQ: CALM) has released its financial results for the first quarter of fiscal 2015 ended Aug. 30, 2014. Net sales were $356.9 million, an increase of 12 percent compared with net sales of $319.5 million for the first quarter of fiscal 2014. The egg company reported net income of $27.7 million, or $1.15 per basic share and $1.14 per diluted ...

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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 capacity for approximately 6.0 million ...

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Cal-Maine sets record; sells more than one billion dozen eggs

JACKSON — Cal-Maine Foods Inc. (NASDAQ: CALM) has reached annual sales of over one billion dozen eggs for fiscal 2014 with an expected total of 1.014 billion dozen fresh eggs sold. This sets a new record year of sales for Cal-Maine Foods and the first time any domestic or world egg supplier has surpassed annual sales of over one billion ...

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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 per basic share and $1.77 ...

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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. Pursuant to this agreement, Cal-Maine ...

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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 income of $26.1 million, or ...

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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 Jackson-based company rose 17 percent ...

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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 products conspired to decrease the ...

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Lastowski, Myers promoted

Cal-Maine Foods Inc. of Jackson has promoted both Kevin Lastowski and Chris Myers promoted to vice president of operations. Lastowski will have responsibility for all of Cal-Maine’s production and processing facilities located in South Florida, and Myers will be responsible for oversight of all the company’s operations in North Florida. They will both report directly to Sherman Miller, COO of ...

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