Cal-Maine Foods, Inc. Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended December 1, 2018
January 04, 2019 at 11:30 am
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Cal-Maine Foods, Inc. reported unaudited earnings results for the second quarter and six months ended December 1, 2018. For the quarter, net sales were $356,040,000 compared to $361,172,000 a year ago. Net income attributable to the company was $21,807,000 compared to loss of $26,136,000 a year ago. Basic and diluted earnings per share was $0.45 compared to loss of $0.54 a year ago. Operating income was $25,334,000 compared to loss of $40,464,000 a year ago.
For the six months, net sales were $696,623,000 compared to $624,017,000 a year ago. Net income attributable to the company was $34,212,000 compared to loss of $42,129,000 a year ago. Basic and diluted earnings per share was $0.71 compared to loss of $0.87 a year ago. Operating income was $38,011,000 compared to loss of $64,842,000 a year ago.
Cal-Maine Foods, Inc. is engaged in the production, grading, packaging, marketing and distribution of fresh shell eggs. Its integrated operations consist of hatching chicks, growing and maintaining flocks of pullets, layers and breeders, manufacturing feed, and producing, processing, packaging, and distributing shell eggs. It offers shell eggs, including specialty and conventional eggs. It classifies cage-free, organic and brown eggs as specialty eggs. Its Egg-Landâs Best and Land Oâ Lakes branded eggs are produced and processed under license from Eggland's Best, Inc. Its Farmhouse Eggs branded eggs are produced at its facilities by cage-free hens that are provided with a vegetarian diet. It markets organic, vegetarian, and omega-3 eggs under its 4-Grain brand. The Company sells most of its shell eggs in the southwestern, mid-western and mid-Atlantic regions of the United States. Its subsidiaries include American Egg Products, LLC located in Georgia and Texas Egg Products, LLC.
CAL-MAINE FOODS, INC. 
