Cal-Maine Foods reported fiscal 2026 net sales of $2.912 billion and net income attributable of $316.7 million, down from $4.262 billion and $1.220 billion in fiscal 2025. In the fourth quarter ended May 30, 2026 the company recorded net sales of $552.6 million and a net loss attributable of $35.9 million (diluted loss per share $0.76). Management announced a new three-segment reporting structure and highlighted expansion of Prepared Foods capacity and specialty shell egg footprint.

Financial Highlights

  • Net sales: $552,581 thousand for the 13 weeks ended May 30, 2026; $2,911,632 thousand for the 52 weeks ended May 30, 2026.
  • Gross profit: $34,066 thousand for the quarter; $672,049 thousand for the fiscal year.
  • Operating income (loss): $(58,811) thousand for the quarter; $350,186 thousand for the fiscal year.
  • Net income attributable to Cal-Maine Foods: $(35,876) thousand for the quarter; $316,682 thousand for the fiscal year.
  • Diluted earnings per share: $(0.76) for the quarter; $6.63 diluted EPS for the fiscal year.

Business Highlights

  • New reportable operating segments implemented effective Q4 FY2026: Conventional Shell Eggs, Specialty Shell Eggs, and Prepared Foods; prior periods recast for comparability.
  • Prepared Foods expansion: announced a $54 million investment expected to add ~30% incremental production capacity beginning in H1 FY2028, building on prior organic and acquisition-driven capacity growth to increase Prepared Foods capacity by over 60% from end of FY2026 through H1 FY2028.
  • Acquisitions and brand additions: acquired certain assets of Creighton Brothers and the Van’s brand to accelerate value‑added prepared foods growth and vertical integration across shell egg and prepared foods value chains.
  • Specialty shell egg footprint growth: acquired additional Eggland’s Best franchise territory in the Northeast (Maine, Massachusetts, New Hampshire, Rhode Island and select areas of VT, NY and CT), expected to increase Specialty Shell Egg volume by ~5% annually.
  • Operational performance by segment: Q4 volumes showed Conventional Shell Eggs volumes +3.1% while prices fell sharply; Specialty Shell Eggs volumes down 5.9% in Q4 (year volumes +2.4%); Prepared Foods delivered sequential margin improvement and stronger utilization with continued integration of Van’s and growth at the Crepini joint venture.

Original SEC Filing:

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