Cal-Maine

CALM

Market cap $4.04B

Cal-Maine Foods, Inc. provides pure‑play exposure to the animal protein sector, supported by strong secular tailwinds. The strategic shift to lessen exposure to conventional eggs reduces CALM's sensitivity to cyclical egg prices. A strong cash position and debt‑free balance sheet give CALM good opportunities for M&A, especially as food sector companies are currently attractively valued.

RIDGELAND, Miss., Nov. 12, 2025 (GLOBE NEWSWIRE) -- Cal-Maine Foods, Inc. (NASDAQ: CALM), the largest egg company in the United States and a leading player in the egg-based food industry, today announced that management will participate in the 2025 Stephens Annual Investment Conference to be held November 18-20, 2025, at The Grand Hyatt in Nashville, Tennessee.

Cal-Maine Foods is evolving from a cyclical egg producer to a diversified, low-cost food conglomerate, leveraging vertical integration and specialty products. CALM's transformation includes expanding into specialty eggs and prepared foods, supported by the Echo Lake Foods acquisition, enhancing resilience and margin stability. Despite normalization in egg prices, the company's strong balance sheet, specialty mix, and undervalued multiples position it for sustainable growth and upside potential.

On Oct. 2, 2025, Keira Lombardo, Chief Strategy Officer at Cal-Maine Foods (CALM -1.54%), acquired 2,800 shares through multiple open-market transactions, increasing her direct ownership to 3,738 shares according to an SEC Form 4 filing.

Cal-Maine Foods remains a Buy after a recent price drop, all-time record earnings, and ongoing internal and macro improvements. CALM reported record net income and EPS for their fiscal Q1, maintains zero long-term debt, and is expanding into prepared foods for more predictability. Dividend volatility reflects the cyclical nature of the business, but the payout is up year-over-year and supported by robust cash generation.

Cal-Maine Foods remains volatile, despite its status as a consumer staples company, driven by fluctuating egg prices and limited analyst coverage. CALM reported record Q1 earnings, but recent share price declines anticipate forward earnings will reduce, due to egg price trends. The company is shifting toward specialty eggs and prepared foods, aiming for higher, more stable margins and less reliance on commodity egg prices.

Which came first: the end of quarterly earnings reports, or Cal-Maine's first conference call? That question, at least, has a simple answer.

Cal-Maine Foods, Inc. (NASDAQ:CALM ) Q1 2026 Earnings Call October 1, 2025 9:00 AM EDT Company Participants Sherman Miller - CEO, President & Director Max Bowman - VP, CFO, Treasurer, Secretary & Director Conference Call Participants Heather Jones - Heather Jones Research LLC Pooran Sharma - Stephens Inc., Research Division Leah Jordan - Goldman Sachs Group, Inc., Research Division Benjamin Mayhew - BMO Capital Markets Equity Research Presentation Operator Good morning, everyone, and welcome to the Cal-Maine Foods First Quarter Fiscal 2026 Earnings Conference Call. [Operator Instructions] Please note, this call is being recorded.

U.S. stock futures were lower this morning, with the Dow futures falling more than 200 points on Wednesday.

The largest egg producer in the U.S. posts fiscal first-quarter earnings and revenue that miss expectations.