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CALM / Cal-Maine Foods: The Egg-Ceptional Dividend Dip Can Be Reversed

Cal-Maine Foods: The Egg-Ceptional Dividend Dip Can Be Reversed
Cal-Maine Foods has had to slash its dividend materially following a collapse in net income as egg prices normalize. Revenue for its fiscal 2024 first quarter fell 30% year-over-year. Cal-Maine's substantial cash and investments, around 26% of its market cap, have fortified its balance sheet and improved its near-term prospects. Read More
Posted: Oct 5 2023, 08:45
Author Name: Seeking Alpha
Views: 112583

CALM News  

Are Bird Flu Fears at Cal-Maine Foods Overblown?

By MarketBeat
October 10, 2023

Are Bird Flu Fears at Cal-Maine Foods Overblown?

The country's largest egg producer, Cal-Maine Foods Inc. NASDAQ: CALM, saw its stock collapse over 10% on its fiscal Q1 2024 earnings report. Revenues more_horizontal

Commodity Check: Time to Buy Stock in These High Inflationary Winners?

By Zacks Investment Research
October 6, 2023

Commodity Check: Time to Buy Stock in These High Inflationary Winners?

A high inflationary environment looks here to stay which makes monitoring commodity prices and stocks that can benefit accordingly very important to i more_horizontal

The Score: WK Kellogg, Cal-Maine, Pioneer and More Stocks That Defined the Week

By WSJ
October 6, 2023

The Score: WK Kellogg, Cal-Maine, Pioneer and More Stocks That Defined the Week

Here are some of the major companies whose stocks moved on the week's news. more_horizontal

CalMaine (CALM) Buys Egg Production Assets of Fassio Egg Farms

By Zacks Investment Research
October 5, 2023

CalMaine (CALM) Buys Egg Production Assets of Fassio Egg Farms

CalMaine (CALM) buys certain facilities of Fassio Egg Farms, which will boost its cage-free egg production capacity and market presence in Utah and th more_horizontal

Cal-Maine Foods: The Egg-Ceptional Dividend Dip Can Be Reversed

By Seeking Alpha
October 5, 2023

Cal-Maine Foods: The Egg-Ceptional Dividend Dip Can Be Reversed

Cal-Maine Foods has had to slash its dividend materially following a collapse in net income as egg prices normalize. Revenue for its fiscal 2024 first more_horizontal

Cal-Maine Stock Sinks 7% on Earnings Plunge Driven By Lower Egg Prices

By The Motley Fool
October 4, 2023

Cal-Maine Stock Sinks 7% on Earnings Plunge Driven By Lower Egg Prices

In fiscal Q1, revenue dropped 30% year over year, steeper than the 22% decline Wall Street had expected. The quarter's earnings per share came in at $ more_horizontal

CalMaine (CALM) Q1 Earnings Top, Plunge Y/Y on Low Prices

By Zacks Investment Research
October 4, 2023

CalMaine (CALM) Q1 Earnings Top, Plunge Y/Y on Low Prices

CalMaine Foods' (CALM) Q1 results reflect the year-over-year drop in conventional egg selling prices and higher labor costs. more_horizontal

Cal-Maine's Profit Plunges 99% as Egg Prices Slump

By Investopedia
October 4, 2023

Cal-Maine's Profit Plunges 99% as Egg Prices Slump

Shares of Cal-Maine Foods (CALM) slumped over 6% in early trading on Wednesday as the egg producer's profit plummeted along with the price of eggs. more_horizontal


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