Cal-Maine Shares Crack After Wider-Than-Expected Loss, Muted Egg Prices
Cal-Maine shares fell after weak Q1 results: $1.23 adjusted loss, sales down 41.5%, soft egg prices; Stephens cut price target.
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Cal-Maine Foods shares fall after weak first-quarter results as low conventional egg prices, higher costs and supply imbalance pressure earnings.
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Cal-Maine shares fell after weak Q1 results: $1.23 adjusted loss, sales down 41.5%, soft egg prices; Stephens cut price target.
Cal-Maine Foods (NASDAQ:CALM) reported first-quarter financial results on Wednesday. The transcript from the company's first-quarter earnings call has been provided below. This content is powered by Benzinga APIs.