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Cal-Maine Foods Q3 sales drop 53% amid lower egg prices, but prepared foods sales surge 441%.

Company Fundamentals
01 Apr 2026
GlobeNewsWire
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Neutral
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Cal-Maine Foods reported a 53% decline in net sales to $667 million for Q3 fiscal 2026, driven by a sharp drop in conventional egg sales due to lower prices and volume. Specialty egg sales fell 12.1%, while prepared foods sales soared 441.2%, reflecting strategic diversification efforts. Despite lower profits, the company is investing in acquisitions to strengthen its value chain and expects a recovery in prepared foods volumes, aiming for more stable, long-term earnings.

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