RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced that the Company has acquired certain assets of Deal-Rite Feeds, Inc. and its affiliated entities, including two feed mills, storage facilities, usable grain, vehicles, related equipment and retail feed sales business located in Statesville and Union Grove, North Carolina. The Company is funding the acquisit...
Cal-Maine Foods' Kansas and Texas facilities are now operational, and recent acquisitions are expected to drive significant capacity and revenue growth in 2025 and beyond. The net average selling price per dozen eggs increased significantly, which, combined with higher production, is likely to boost revenue and free cash flow. Potential tax decreases could benefit CALM due to its consistent pos...
Don't Wait for a Correction to Join a Bull Market If you're interested in investing, you're likely familiar with Warren Buffet's famous quote from his 1986 Chairman's letter: “Be fearful when others are greedy and greedy when others are fearful.
Going into the new year, investors are probably looking at their 2024 performance and trying to find a way to either replicate it or top it, and today's market offers a few opportunities to do so with a few added benefits. When dividend stocks are considered, they aren't typically known for having the sort of volatility and upside potential that brings about portfolio growth, but today's list i...
Cal-Maine's Q2 FY 2025 results show strong revenue and profit growth from higher egg prices due to avian flu, but these gains are likely short-lived. With $800M in liquidity and no debt, Cal-Maine remains financially healthy and positioned to make acquisitions when flushed with cash. Their operating model can not only point to a large flock sizes but flexibility toward the shift from convention...
Cal-Maine Foods (CALM) shares gained Wednesday, a day after the biggest U.S. egg producer beat profit and sales estimates on higher prices, holiday season demand, and an acquisition.
Cal-Maine Foods, Inc. NASDAQ: CALM is the largest producer and distributor of fresh shell eggs in the United States, and it presents a compelling investment case in the current market. As a dominant player in a defensive, essential industry, it offers a degree of stability amidst economic uncertainty.
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