
Cal-Maine Foods reported robust Q2 fiscal 2025 results, with net sales reaching $954.7 million and net income of $219.1 million, translating to earnings per share (EPS) of $4.47. These figures exceeded analysts' expectations, with the EPS beating the estimate of $4.25 and sales surpassing the forecast of $751.5 million. The company achieved a record in total dozens sold and specialty dozens sold during the quarter. CEO comments highlighted strong demand for shell eggs, which has been bolstered by higher market prices due to supply restrictions caused by recent outbreaks of highly pathogenic avian influenza. Additionally, Cal-Maine Foods announced a cash dividend of approximately $73 million, or about $1.49 per share. Following the announcement, shares of Cal-Maine Foods rose by 6% in after-hours trading.
Cal-Maine Foods (NASDAQ: $CALM) released their Q2 report, showing earnings per share beating expectations at $4.47 and revenue exceeding estimates at $954.7 million. The company also achieved a record total dozens in this quarter.
Cal-Maine Foods CEO: "Our results also reflect higher market prices, which have continued to rise this fiscal year as supply levels of shell eggs have been restricted due to recent outbreaks of highly pathogenic avian influenza" $CALM: https://t.co/VBsGugDt3e
Cal-Maine Foods CEO: "Robust demand for shell eggs resulted in a significant increase in dozens sold for the quarter...demand continues to outpace supply..." $CALM: +6% AH More details: https://t.co/nhjlzWjJrN https://t.co/ibenZt77ld