Home » Tag Archives: eggs

Tag Archives: eggs

UPDATE: Spike in Mississippi egg prices will come, experts say

brown-eggs-feature_rgb

If the price of eggs at your favorite grocery in Mississippi hasn’t taken a big jump, just wait. The Mississippi poultry industry has thus far escaped the outbreak of avian flu that has devastated flocks in the Midwest, according to the U.S. Department of Agriculture. Forty-seven million birds have been destroyed because of the virus, with Iowa leading the way ...

Read More »

Cal-Maine spared in flu outbreak — as shares soar

Eggs

  By JACK WEATHERLY Cal-Maine Foods thus far has been unscathed in the outbreak of avian flu, which has forced egg producers in the Midwest to kill and dispose of millions of laying hens, said the Jackson-based company’s chief financial officer, Tim Dawson. Meantime, Cal-Maine has benefited from the outbreak. Its shares have risen from $38.38 on March 20, the ...

Read More »

Cal-Maine enters joint venture to build cage-free facility

BY JACK WEATHERLY Cal-Maine Foods has found more room to maneuver, you might say, in what it calls the “uncertain regulatory framework”  in the egg industry. The Jackson-based firm, the largest producer of eggs in the nation, announced April 9 a joint venture with Rose Acre Farms Inc. to build a “cage-free aviary” in Bogata, Texas that will initially accommodate 1.8  ...

Read More »

Cal-Maine income skyrockets as prices rise and costs shrink

By JACK WEATHERLY Net income for Jackson-based Cal-Maine Foods — the nation’s largest producer of eggs — rose in the third fiscal quarter to $50.9 million, its second-biggest quarter ever. Earnings per share were $1.05, compared with 89 cents a year earlier on $42.9 million in net income. Net sales were up 10.6 percent for the quarter, which ended Feb. ...

Read More »

Cal-Maine Foods, Inc. announces release date for third quarter fiscal 2015 results

JACKSON — Cal-Maine Foods, Inc. (NASDAQ: CALM) has announced that the Company will release its third quarter fiscal 2015 financial results on Monday, March 30, 2015. A press release will be issued prior to the open of market trading. Cal-Maine Foods, Inc. is primarily engaged in the production, grading, packing and sale of fresh shell eggs, including conventional, cage-free, organic and nutritionally-enhanced eggs. The Company, ...

Read More »

Cal-Maine presentation set for UBS conference

Jackson-based Cal-Maine Foods Inc. will participate in the UBS Global Consumer Conference March 4-5 at the Four Seasons Hotel in Boston, the company said in a release on Wednesday. The investor presentation by Dolph Baker, chairman, president and chief executive officer, and Tim Dawson, vice president and chief financial officer, will begin at approximately 1:15 p.m. Central Time  on March 4 ...

Read More »

Cal-Maine Foods, Inc. reports second quarter fiscal 2015 results

JACKSON — Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced results for the second quarter and six months ended November 29, 2014. Net sales for the second quarter of fiscal 2015 were $378.6 million, a 6.9 percent increase compared with net sales of $354.3 million for the second quarter of fiscal 2014. The Company reported net income of $36.6 million, or $0.76 per basic ...

Read More »

Fast food, specialty eggs propel Cal-Maine

Right now is a good time to be a leader in the U.S. egg market. Americans have a growing national appetite for nutritionally enhanced organic eggs and are forsaking cold cereal and yogurt in favor of picking up a hot egg breakfast at traditional lunch stops like Taco Bell and Subway. And the egg aisle is a must stop for ...

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 Foods is country’s largest producer of eggs

Cal-Maine Foods, based in Jackson, is one of Mississippi’s leading business success stories. It began in 1957 when Fred Adams became involved with broiler and egg production and started Adam Enterprises. The 1969 merger with Dairy Fresh of California and Maine Egg Farm formed Cal-Maine with 14 locations. Since that time, Cal-Maine Foods has grown primarily through acquisition. Today, Cal-Maine ...

Read More »