Cal-Maine Foods, Inc. Reports Earnings Results for the Fourth Quarter Ended May 29, 2021
July 19, 2021 at 06:30 am EDT
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Cal-Maine Foods, Inc. announced earnings results for the fourth quarter ended May 29, 2021. For the fourth quarter, the company announced sales was USD 349.798 million compared to USD 453.333 million a year ago. Operating loss was USD 13.026 million compared to operating Income of USD 76.092 million a year ago. Net loss was USD 4.244 million compared to net income of USD 60.463 million a year ago. For the full year, sales was USD 1,348.987 million compared to USD 1,351.609 million a year ago. Operating loss was USD 26.264 million compared to operating Income of USD 1.269 million a year ago. Net income was USD 2.060 million compared to USD 18.391 million 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. 
