Recent Updates — CALM
Cal-Maine Foods, Inc. reported fourth quarter and fiscal 2026 results, showing a net loss of $35.88 million and a 49.9% decrease in net sales to $552.6 million. The company announced a new segment reporting structure consisting of new reportable operating segments: Conventional Shell Eggs, Specialty Shell Eggs, and Prepared Foods. Strategic execution highlights include the acquisition of the Van's brand and assets of Creighton Brothers LLC, and a new $54 million investment to expand Prepared Foods production capacity. Cal-Maine Foods, Inc. is the largest egg company in the United States and a leading player in the egg-based food industry.
Cal-Maine Foods, Inc. reached an agreement with the U.S. Department of Justice and seventeen state attorneys general to resolve antitrust claims following a fifteen-month investigation into alleged anticompetitive conduct among egg producers. While the company does not admit wrongdoing and faces no fines or penalties, the settlement requires implementing new antitrust compliance and reporting measures, donating 30 million eggs, and paying $1.5 million to the states. Cal-Maine Foods, Inc. is an egg producer.
Cal-Maine Foods, Inc. expanded its Board of Directors from eight to ten members, appointing Haley R. Fisackerly as an independent Class II director and Michael J. Highfield as an independent Class III director. Both new directors will serve until the 2026 and 2027 annual meetings, respectively, and will join the Compensation, Audit, and Nominating and Corporate Governance Committees. New directors will receive an annual fee of $45,000 and a $100,000 target value restricted stock award. Cal-Maine Foods, Inc. is an egg producer and distributor in the food industry.