Cal-Maine sees increased sales, but profits tumble 22 percent
by MBJ Staff Published: March 26,2012
Tags: earnings, eggs, food, input costs, manufacturer, manufascturing, profits, publicly traded company, revenues, sales
JACKSON — Cal-Maine Foods Inc., the egg seller and distributor, said today that its fiscal third-quarter profit tumbled 22 percent, weighed down by rising feed costs. President and CEO Dolph Baker said in a statement that the company expects feed costs will remain very high and volatile throughout the summer due to tight supplies of [...] [...]
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