Loading...
The company delivered record Q1 results with substantial growth in net income, gross profit, and revenue, boosted by the Echo Lake Foods acquisition and increased specialty egg sales.
Revenue reached $922.6 million, driven by growth in specialty eggs and prepared foods.
Net income rose to $199.3 million with EPS of $4.12.
Prepared foods revenue jumped to $83.9 million, up from $8.9 million a year ago.
Gross profit increased to $311.3 million, supported by improved pricing and lower feed costs.
Cal-Maine Foods expects continued momentum with strategic focus on specialty eggs, prepared foods, and M&A activity to drive long-term growth.
Visualization of income flow from segment revenue to net income