Cal-Maine Foods (CALM) Q4 2025

Q3 2026 Q2 2026 Q1 2026 Q4 2025 Q3 2025

Earnings

Cal-Maine Foods capped fiscal 2025 with a blowout fourth quarter, posting earnings of $7.04 per diluted share against a consensus estimate of $5.43, a beat of 29.65%, while revenue of $1.10 billion topped the $875.75 million analyst expectation by 26… Read more Cal-Maine Foods capped fiscal 2025 with a blowout fourth quarter, posting earnings of $7.04 per diluted share against a consensus estimate of $5.43, a beat of 29.65%, while revenue of $1.10 billion topped the $875.75 million analyst expectation by 26.02% and surged 72.2% from the year-ago period. The dominant force behind the results was a sharply higher egg pricing environment, as ongoing highly pathogenic avian influenza outbreaks depleted industry flock sizes and squeezed shell egg supply, driving the net average selling price per dozen to $3.31 from $2.13 a year earlier. Volume growth added to the tailwind, with total dozens sold rising 9.0% to 311.4 million, including record specialty egg volumes aided by the ISE America acquisition. Analysts have since lifted their fiscal 2026 estimates, though consensus projections still point to a revenue decline as the pricing environment normalizes. Looking ahead, management expressed confidence in continued expansion through organic capacity additions and the recently closed Echo Lake Foods acquisition, which is expected to diversify Cal-Maine's reach into retail and food service channels.