AI-extracted from the 10-Q filed 2026-09-30 — Q1 FY2027 (quarter ended August 29, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Cal-Maine swung to a $56.2M net loss on net sales of $539.6M (down 41.5% YoY) as conventional shell egg prices fell 59.3%, leaving gross profit near zero at $0.4M.
Biggest Revenue Drivers
Conventional Shell Eggs$191.9M-60.5% YoY
Decrease in prices for conventional shell eggs as the layer population recovered from HPAI outbreaks; conventional prices declined 59.3%.
Specialty Shell Eggs$229.1M-15.0% YoY
Prices of specialty shell eggs declined 10.7% and specialty dozens sold fell 3.8%; prior-year period benefited from atypical pricing relationships.
Biggest Revenue Drivers
Total revenue: $539.6M-41.5% YoY
Conventional Shell Eggs$191.9M-60.5% YoY
Decrease in prices for conventional shell eggs as the layer population recovered from HPAI outbreaks; conventional prices declined 59.3%.
Specialty Shell Eggs$229.1M-15.0% YoY
Prices of specialty shell eggs declined 10.7% and specialty dozens sold fell 3.8%; prior-year period benefited from atypical pricing relationships.
Prepared Foods$63.0M-13.0% YoY
Pounds sold decreased 19.3% due to temporary reductions in production volumes during production expansion, partially offset by a 7.9% price increase.
Largest Expense Items
Cost of sales$539.2M-11.8% YoY
Lower conventional cost per dozen sold (down 19.2%) and lower outside egg purchase prices and volumes, offset partly by specialty feed and production cost increases.
Margins: Gross profit collapsed to $0.4M from $311.3M as shell egg selling prices fell sharply; the company reported an operating loss of $82.2M. Management attributes the decline to repopulation of the egg layer flock and lower wholesale egg prices.
Watch Items from the Filing
Net loss of $56.2M and operating loss of $82.2M; operating cash flow was negative $101.4M for the quarter.
Conventional Shell Eggs segment loss of $71.0M versus segment income of $168.2M a year earlier.
Potential joint and several liability of $43.6M in the Kraft Foods egg products antitrust judgment, with $19.6M accrued and a $23.9M bond posted; appeal pending.
Numerous putative class actions over alleged conventional egg price manipulation remain pending in multidistrict proceedings; company disputes allegations and no discovery has occurred.
Company has $1.5 billion-plus minimum tangible net worth and 50% debt-to-capitalization covenants under new $250M unsecured revolver; no borrowings outstanding at quarter end.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Highfield Michael JOUTSIDE DIRECTORGrant or award · Jun 23, 2026
Wooley Dudley DOUTSIDE DIRECTORGrant or award · Apr 17, 2026
Glover Matthew SamuelVice President - AccountingShares withheld for tax or exercise price · Jan 13, 2026
Holladay Robert L JrVP - General CounselShares withheld for tax or exercise price · Jan 13, 2026
Walters Michael ToddCOOShares withheld for tax or exercise price · Jan 13, 2026
Miller ShermanPRESIDENT & CEOShares withheld for tax or exercise price · Jan 13, 2026
Bowman Max PVice President, CFO, Sec/TreasShares withheld for tax or exercise price · Jan 13, 2026
Baker Adolphus BBoard ChairShares withheld for tax or exercise price · Jan 13, 2026
Hull Scott DanielVice President - SalesShares withheld for tax or exercise price · Jan 13, 2026
About CAL-MAINE FOODS INC (CALM): stock profile, AI score and financials
CAL-MAINE FOODS INC (CALM) stock profile, AI quality score, and SEC EDGAR financial data, a Consumer Staples sector company. 13F Pro's AI-powered ranking engine scores CALM at 39.7/100 on a composite quality score built from its SEC filings, placing it at rank #2,129 of 2,925 stocks — the bottom half of the AI-ranked universe. Areas of concern include revenue growth (18.2) and free cash flow (24.7), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q1 2027), CAL-MAINE FOODS INC reports quarterly revenue of $539.6M, net income of $-58.6M, an operating margin of -15.2%. Top institutional holders of CALM by reported 13-F value include BlackRock, VANGUARD PORTFOLIO MANAGEMENT, DIMENSIONAL FUND ADVISORS, based on the most recent SEC filings. CALM trades on the Nasdaq exchange and files with the SEC under CIK 16160. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate CALM daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for CAL-MAINE FOODS INC directly from SEC EDGAR.