Cal-Maine Foods, Inc. (NASDAQ: CALM), the largest egg company in the US, on Wednesday reported financial results for the second quarter of fiscal 2026.
- In Q2, net sales declined 19.4% year-over-year to $769.5 million, with shell egg sales representing 84.4% of the total
- At $649.6 million, shell egg sales were down 28.1% in the November quarter; conventional egg sales dropped 41%, while specialty egg sales remained broadly unchanged YoY
- During the three months, net income attributable to the company dropped 53.1% from last year to $102.8 million
- On a per-share basis, second-quarter earnings were $2.13, down 52.3% from Q2 2025
- Net cash flow from operations totaled $94.8 million in Q2, representing a 22.8% year-over-year decrease
- During the quarter, the company repurchased 846,037 shares of its common stock for a total of $74.8 million
- Cal-Maine has announced a quarterly cash dividend of approximately $0.72 per share for holders of its common stock
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