Earnings release
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EM Cal - Maine Foods Press Release Cal - Maine Foods Reports First Quarter Fiscal 2027 Results RIDGELAND , Miss . , September 30 , 2026 - Cal - Maine Foods , Inc. ( Nasdaq : CALM ) ( " Cal - Maine Fweds , “ us , ” “ our ” or the “ company " ) , the largest egg company in the United States and a leading playegg - based food industry , today reported results for its first quarter ended August 29 , 2026 . bthesise indicated , all comparisons are to the comparable period of fiscal 2026 . Financial Highlights ( in thousands except per share amounts and percentages ) First Quarter 2026 2027 Net sales Gross profit $ 539,607 $ $ Change % 922,602 $ ( 382,995 ) Cha $ 403 $ 311,314 $ ( 310,911 ) ( 99 Operating income ( loss ) $ ( 82,165 ) $ 249,184 $ ( 331,349 ) ( 133 Net income ( loss ) attributable to Cal - Maine Foods , Inc. $ ( 58,615 ) $ Income ( loss ) per share - diluted $ ( 1.26 ) $ 199,340 $ ( 257,955 ) ( 129 4.12 $ ( 5.38 ) ( 130 Strategic Execution Highlights Continued focus on sales diversification and mix shift , expected to strengthen earnings predbilatyiliandover time O In the first quarter of fiscal 2027 : Prepared Foods accounted for 11.7 % of net sales compared to 7.8 % Combined , Specialty Shell Eggs and Prepared Foods increased to 54.1 % of netdesd to 37.1 % • Acquired additional Eggland's BestⓇ franchise territory in Northeast , expanding the distribution footprint and increasing it Shell Eggs category penetration across one nafiches largest , highest - income consumer markets Continued progress on previously announced projects to increase efficiency and production walpiaditate expected to increase Prepared Foods production capacity more than 60 % by the first fiskfab ₤ 2028 , compared to fiscal 2026 year - end Commentary Sherman Miller , president and chief executive officer of Cal - Maine Foods , said , “ Our first - quarter reebadtsboth the current point in the conventional shell egg cycle and the continued evolution of Cal- Maide ' earnings model . Conventional Shell Egg pricing remains under pressure from an industry sballance , while underlying demand remains healthy . At the same time , Specialty Shell Eggs and Prebw represent approximately 54 % of our net sales , demonstrating the progress we have bræddleining our business . We remain focused on our foundational Conventional Shell Egg bææliing Spebilty and Prepared Foods and converting the investments we have made into profitable growth . "