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Cal-Maine Foods Inc (CALM.OQ)

CALM.OQ on NASDAQ Stock Exchange Global Select Market

45.60USD
19 Jul 2018
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Latest Key Developments (Source: Significant Developments)

Cal-Maine Foods announces voluntary shell egg recall due to possible health risk
Tuesday, 17 Apr 2018 

April 16 (Reuters) - Cal-Maine Foods Inc ::CAL-MAINE FOODS, INC. ANNOUNCES VOLUNTARY SHELL EGG RECALL DUE TO POSSIBLE HEALTH RISK.CO WAS NOTIFIED AFTER CLOSE OF BUSINESS ON APRIL 13, 2018, BY ROSE ACRE FARMS OF SEYMOUR, INDIANA, OF A VOLUNTARY EGG RECALL.EGGS INVOLVED IN RECALL HAVE POTENTIAL TO BE CONTAMINATED WITH SALMONELLA BRAENDERUP.CAL-MAINE FOODS - VOLUNTARILY RECALLING 23,400 DOZEN EGGS, PURCHASED FROM ROSE ACRE FARMS AND RE-PACKAGED AT CAL-MAINE 'S DADE CITY, FLORIDA, LOCATION.  Full Article

Cal-Maine Issues Statement In Response To Video Involving Co's Employee
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Cal-Maine Foods Inc ::CAL-MAINE FOODS INC - ISSUED STATEMENT IN RESPONSE TO A VIDEO INVOLVING A CO'S EMPLOYEE AND TREATMENT OF LAYING HENS AT LAKE WALES LOCATION.CAL-MAINE FOODS INC - "VIDEO DEPICTS ANOTHER EMPLOYEE DELIBERATELY MISTREATING A HEN, AND THAT EMPLOYEE WAS IMMEDIATELY TERMINATED".CAL-MAINE FOODS INC - "WE BELIEVE THAT THIS WAS AN ISOLATED INCIDENT".  Full Article

Cal-Maine Foods Reports Q2 Loss Per Share $0.54
Friday, 5 Jan 2018 

Jan 5 (Reuters) - Cal-Maine Foods Inc ::CAL-MAINE FOODS REPORTS SECOND QUARTER FISCAL 2018 RESULTS.Q2 EARNINGS PER SHARE $0.55 EXCLUDING ITEMS.Q2 LOSS PER SHARE $0.54.Q2 SALES $361.2 MILLION VERSUS I/B/E/S VIEW $340 MILLION.Q2 EARNINGS PER SHARE VIEW $0.52 -- THOMSON REUTERS I/B/E/S.- AT DEC 2, 2017, CO HAD A DEFERRED TAX LIABILITY OF ABOUT $75.3 MILLION BASED ON A U.S. FEDERAL TAX RATE OF 35 PERCENT.- ‍ WILL NOT PAY A DIVIDEND FOR FIRST OR SECOND QUARTERS OF FISCAL 2018​.CAL-MAINE FOODS - ‍AFTER TAX REFORM LEGISLATION ENACTED, DEFERRED TAX LIABILITY TO BE REVALUED AT LOWER RATE DURING Q3 OF FISCAL 2018​.- AT END OF 2017, REACHED AN AGREEMENT THAT PURCHASERS HAD FILED AGAINST CO AND MANY OTHER EGG PRODUCERS.CAL-MAINE FOODS - ‍REVALUATION OF DEFERRED TAX LIABILITY TO BENEFIT INCOME TAX EXPENSE IN CONTINUING OPERATIONS & CORRESPONDING REDUCTION IN DEFERRED TAX LIABILITY​.- ‍ AGREED TO PAY $80.8 MILLION AFTER ALL PARTIES SIGN A FORMAL SETTLEMENT AGREEMENT RELATED TO SETTLEMENT OF ANTITRUST LAWSUITS ​.- ‍RESULTS FOR Q2 OF FISCAL 2018 REFLECT "A SIGNIFICANT IMPROVEMENT IN EGG MARKET CONDITIONS" COMPARED WITH Q2 LAST YEAR​.  Full Article

Cal-Maine Foods agrees to acquire egg production assets of Happy Hen Egg Farms
Thursday, 9 Feb 2017 

Cal-maine Foods Inc : Announces definitive agreement to acquire Egg Production assets of Happy Hen Egg Farms Inc .Company expects to close transaction in next few weeks.  Full Article

Cal-Maine Foods reports Q1 loss per share $0.64
Monday, 26 Sep 2016 

Cal-maine Foods Inc : Cal-Maine foods reports first quarter fiscal 2017 results . Q1 loss per share $0.64 . Q1 sales $239.8 million versus I/B/E/S view $274.6 million . Q1 earnings per share view $-0.33 -- Thomson Reuters I/B/E/S . "Our results for Q1 of fiscal 2017 reflect a disappointing shell egg market" . Did not pay dividend with respect to Q4 of fiscal 2016 and will not pay a dividend for Q1 of fiscal 2017 .Expect shell egg supply will continue to grow through calendar 2016.  Full Article

Cal-Maine Foods to buy assets of Foodonics International
Tuesday, 2 Aug 2016 

Cal-Maine Foods Inc : Cal-Maine foods, inc. Announces letter of intent to acquire egg production assets of foodonics international . Cal-Maine foods - will acquire egg-land's best, inc. Franchise with licensing rights for portions of certain markets in alabama, florida and georgia . .Cal-Maine foods - will acquire egg-land's best, inc. Franchise with licensing rights for portions of certain markets in puerto rico, bahamas and cuba..  Full Article

BRIEF-Cal-Maine Foods announces voluntary shell egg recall due to possible health risk

* CAL-MAINE FOODS, INC. ANNOUNCES VOLUNTARY SHELL EGG RECALL DUE TO POSSIBLE HEALTH RISK