Quarterly ResultJul 22, 2026, 06:03 AM
Cal-Maine Foods Q4 Net Loss $35.9M; FY Net Income Down 74%
AI Summary
Cal-Maine Foods reported a net loss of $35.9 million for the fourth quarter of fiscal 2026, a significant decline from a net income of $342.5 million in the prior year, with diluted EPS falling to $(0.76). Full-year net income decreased by 74% to $316.7 million, or $6.63 per diluted share, primarily due to historically low wholesale shell egg prices. The company continued its strategic shift, acquiring Creighton Brothers and the Van's® brand, and expanding its Eggland’s Best® franchise territory. It also announced a new $54 million investment to boost Prepared Foods production capacity by 30%, aiming for over 60% total increase by H1 fiscal 2028, to diversify revenue and reduce market cyclicality.
Key Highlights
- Q4 Net sales decreased 49.9% to $552.6 million.
- Q4 Net loss was $35.9 million, compared to $342.5 million net income in prior year.
- Q4 Diluted EPS was $(0.76), down from $7.01 in prior year.
- Full-year Net sales decreased 31.7% to $2.91 billion.
- Full-year Net income was $316.7 million, down 74.0% YoY.
- Prepared Foods accounted for 10.9% of Q4 net sales and 8.4% for FY 2026.
- New $54 million investment to expand Prepared Foods capacity by 30%.
- Repurchased 396,083 shares for $30.1 million in Q4.
Price Impact
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