Quarterly ResultJul 22, 2026, 06:11 AM
Cal-Maine Foods Q4 Net Sales Down 49.9% to $552.6M; EPS $(0.76)
AI Summary
Cal-Maine Foods reported a challenging fourth quarter and fiscal year 2026, with net sales and net income significantly down compared to the prior year due to historically low egg prices. For Q4, net sales fell 49.9% to $552.6 million, resulting in a net loss of $35.9 million or $(0.76) per diluted share. Despite the financial downturn, the company announced strategic initiatives including a new segment reporting structure, the acquisition of additional Eggland’s Best® franchise territory, and a $54 million investment to expand Prepared Foods production capacity. The company also repurchased $30.1 million in shares but did not declare a dividend.
Key Highlights
- Fourth quarter net sales decreased 49.9% to $552.6 million.
- Fourth quarter net loss attributable to Cal-Maine Foods, Inc. was $35.9 million, or $(0.76) per diluted share.
- Fiscal year 2026 net sales decreased 31.7% to $2.91 billion.
- Fiscal year 2026 net income attributable to Cal-Maine Foods, Inc. was $316.7 million, or $6.63 per diluted share.
- Implemented a new segment reporting structure: Conventional Shell Eggs, Specialty Shell Eggs, and Prepared Foods.
- Acquired additional Eggland’s Best® franchise territory in the Northeast.
- Announced a new $54 million investment to expand Prepared Foods production capacity by 30% by H1 fiscal 2028.
- Repurchased 396,083 shares for $30.1 million in Q4, with $320.7 million remaining in the program.
- No cash dividend declared for the fourth quarter due to a cumulative loss of $35.9 million.
Price Impact
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