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Nov 30, 2024
Cal-Maine Foods Q2 2025 Earnings Report
Cal-Maine Foods reported a strong financial and operating performance driven by robust demand and higher market prices for shell eggs.
Key Takeaways
Cal-Maine Foods reported a significant increase in net sales and net income for the second quarter of fiscal 2025, driven by robust demand for shell eggs and higher market prices. Net sales reached $954.7 million, and net income was $219.1 million, or $4.47 per diluted share. The company benefited from increased dozens sold, including a seasonal boost and sales from recent acquisitions, and managed production effectively despite supply restrictions due to avian influenza.
Net sales for the quarter reached $954.7 million, up from $523.2 million in the same period last year.
Net income was $219.1 million, or $4.47 per diluted share, compared to $17.0 million, or $0.35 per diluted share, for the second quarter of fiscal 2024.
Total dozens of shell eggs sold increased to 329.8 million, compared to 288.2 million in the prior-year quarter.
The company is expanding cage-free capacity and egg products offerings through strategic investments.
Cal-Maine Foods
Cal-Maine Foods
Cal-Maine Foods Revenue by Segment
Revenue by Segment
Conventional Eggs Revenue
CapyFin.comSpecialty Eggs Revenue
CapyFin.com Forward Guidance
Cal-Maine Foods is focused on managing operations effectively, expanding production capacity and product mix, and providing quality products.
Positive Outlook
- Optimizing aspects of the business that can be controlled.
- Extending leadership role in supporting the nation’s food supply.
- Expanding shell egg production capacity and product mix.
- Expanding egg products portfolio.
- Leveraging existing distribution channels and extending reach in foodservice and retail marketplaces.
Challenges Ahead
- Significant challenges within the Company and the entire egg industry due to the ongoing outbreaks of HPAI.
- Risks and hazards inherent in the shell egg business (including disease, pests, weather conditions and potential for recall).
- Changes in the demand for and market prices of shell eggs and feed costs.
- Risks relating to changes in inflation and interest rates.
- Global instability, including as a result of the war in Ukraine, the conflicts in Israel and surrounding areas and attacks on shipping in the Red Sea.
Revenue & Expenses
Visualization of income flow from segment revenue to net income