Home » Tag Archives: Dolph Baker

Tag Archives: Dolph Baker

Cal-Maine sales increase; income boosted by tax cut

By JACK WEATHERLY Cal-Maine Foods, Inc. reported net income of  $96.3 million, or $1.99 per share, for the third quarter of fiscal 2018,  compared with $4.1 million, or nine cents per share, for the year  earlier period, thanks in part to a $35 million, or 72 cents per share, boost from the federal Tax Cuts and Jobs Act. Earnings for ...

Read More »

Cal-Maine reports $16 million loss for quarter

By JACK WEATHERLY Cal-Maine Foods Inc. reported on Monday a net loss of $16 million, or 33 cents per share, for the first fiscal quarter compared with a net loss of $30.9 million, or 64 cents, for the year-earlier period. Net sales were $262.8 million, compared with $239.8 million for the prior-year period. MarketWatch reported that the FactSet Research Systems Inc. ...

Read More »

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 ...

Read More »

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 ...

Read More »

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 ...

Read More »

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 ...

Read More »

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 ...

Read More »

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 the death of our good ...

Read More »

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 ...

Read More »

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 with net earnings of $37.3 ...

Read More »