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Cal-Maine Foods Reports 53% Revenue Drop Amid Egg Price Decline

4/1/2026

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Summary

Story summary

Cal-Maine Foods reported a 53% year-over-year drop in Q3 revenue to $666.95 million, beating the $641.98 million estimate.
Earnings per share were $1.06, above estimates of $0.80.
The profit decline reflects lower egg prices caused by improved supply after avian influenza disruptions.
Cal-Maine Foods plans to expand its specialty and prepared foods segments to improve margins, while analysts expect revenue to fall next year amid demand concerns.

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Story summary

Cal-Maine Foods reported a 53% year-over-year drop in Q3 revenue to $666.95 million, beating the $641.98 million estimate.
Earnings per share were $1.06, above estimates of $0.80.
The profit decline reflects lower egg prices caused by improved supply after avian influenza disruptions.
Cal-Maine Foods plans to expand its specialty and prepared foods segments to improve margins, while analysts expect revenue to fall next year amid demand concerns.