A maker of conventional, cage-free, organic, and pasture-raised eggs, Cal-Maine Foods is the largest egg producer and distributor in the United States, selling brands like Eggland's Best, Farmhouse Eggs, and 4Grain. It grew from founder Fred Adams's 1957 feed-delivery truck in Mississippi and was formed in 1969 by merging Adams Foods with Dairy Fresh Products of California and Maine Egg Farms — the origin of the name "Cal-Maine." It also makes prepared foods like omelets and crepes under the Crepini brand.
Cal-Maine Foods reports Q4 FY2026 net loss of $35.9 million on net sales of $552.6 million
Fourth quarter net sales fell 49.9% to $552.6 million from $1.10 billion a year earlier.
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Fourth quarter net loss attributable to Cal-Maine Foods was $35.9 million, or $0.76 per diluted share, versus net income of $342.5 million, or $7.01 per share, in the prior-year quarter.
Fiscal 2026 net sales decreased 31.7% to $2.91 billion, and net income attributable to Cal-Maine Foods was $316.7 million, or $6.63 per diluted share.
The company announced a new $54 million investment to expand Prepared Foods production capacity by approximately 30% beginning in the first half of fiscal 2028.
Cal-Maine Foods will not pay a cash dividend for the fourth quarter; cumulative loss to be recovered before future dividends is $35.9 million.
The company acquired additional Eggland's Best franchise territory in the Northeast, expected to increase Specialty Shell Egg volume by approximately 5% annually.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits
Cal-Maine Foods resolves DOJ and 17-state antitrust claims with no fines, $1.5M payment and egg donation.
On June 29, 2026, Cal-Maine Foods, Inc. announced an agreement with the U.S. Department of Justice and 17 states' attorneys general to resolve alleged antitrust claims.
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The agreement follows a 15-month DOJ investigation into whether egg producers manipulated an industry price index by sharing bidding information.
Cal-Maine denies all wrongdoing, was not assessed any fines or penalties, and agreed to implement compliance and reporting measures.
Under the terms, Cal-Maine will donate 30 million eggs and pay a total of $1.5 million to the states.
The agreement is subject to applicable court approvals and procedures.
8.01 Other Events · 9.01 Financial Statements and Exhibits
Cal-Maine Foods expands board to ten, appoints two independent directors
On June 23, 2026, Cal-Maine Foods increased its board from eight to ten directors and appointed Haley R. Fisackerly as an independent Class II director and Michael J. Highfield as an independent Class III director.
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Fisackerly and Highfield will serve until the 2026 and 2027 annual stockholder meetings, respectively, and will join the Compensation, Audit, and Nominating and Corporate Governance Committees.
Both new directors will receive an annual fee of $45,000 under the non-employee director compensation program, paid quarterly in advance.
The Compensation Committee approved restricted stock awards with a target grant date value of $100,000 to each new director, vesting 100% on January 12, 2029.
Fisackerly is CEO of Entergy Mississippi; Highfield is Provost and Executive Vice President of Mississippi Christian University and a CFA charterholder.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
Cal-Maine Foods appoints Dudley D. Wooley as independent Class III director
On March 31, 2025, the Board appointed Dudley D. Wooley as an independent Class III director, effective immediately, to serve until the 2027 annual meeting.
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Mr. Wooley will serve on the Compensation, Audit, and Nominating and Corporate Governance Committees.
He will receive an annual fee of $45,000 under the non-employee director compensation program, paid quarterly in advance.
On March 31, 2026, the Compensation Committee approved a restricted stock award with a target grant date value of $100,000, vesting 100% on January 12, 2029.
Mr. Wooley succeeds Jim Poole, who recently passed away; he is CEO of Ross & Yerger Insurance, Inc.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
Cal-Maine Foods acquires Creighton Brothers LLC assets for ~$128.5 million
On March 2, 2026, Cal-Maine Foods, Inc. announced the acquisition of shell egg, egg products, and prepared foods assets of Creighton Brothers LLC, including Crystal Lake LLC.
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The total purchase price is approximately $128.5 million, subject to customary post-closing adjustments, funded with available cash on hand.
The acquired assets include commercial shell egg production and grading capacity for about 3.2 million laying hens (including 500,000 cage-free), 865,000 pullets, a feed mill, 1,007 acres of land, and an egg products and hard-cooked egg processing facility.
Creighton Brothers and Crystal Lake, headquartered in Warsaw, Indiana, will be fully integrated into Cal-Maine Foods' operations, including its 177 employees.
The acquisition expands Cal-Maine's geographic footprint and supports its internal sourcing strategy for egg-based ingredients in its prepared foods business.
8.01 Other Events · 9.01 Financial Statements and Exhibits