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RIDGELAND, Miss. - Cal-Maine Foods , Inc. (NASDAQ:CALM) shares jumped 5.9% after the egg producer reported fourth-quarter earnings and revenue that significantly exceeded analyst expectations, driven by higher egg prices amid industry supply shortages.
The company posted Q4 adjusted earnings of $7.04 per share, handily beating the analyst consensus of $5.43. Revenue reached $1.1 billion, well above the $870.41 million analysts had expected and up 72% from $640.8 million in the same quarter last year.
The strong performance was primarily driven by higher egg prices, with the net average selling price per dozen rising to $3.31 compared to $2.13 in the year-ago period.
Cal-Maine sold 311.4 million dozen eggs during the quarter, a 9.0% increase from the previous year, including a record 121.8 million specialty dozens sold, up 16.0% YoY. The company attributed the strong results to reduced industry egg supply due to highly pathogenic avian influenza (HPAI) outbreaks during a period of high demand around the Easter holiday.
"Our results for the fourth quarter of fiscal 2025 marked a strong finish to a challenging, but successful year of transformation for Cal-Maine Foods," said Sherman Miller, president and CEO. "We continued to advance our growth strategy in a dynamic market environment, maintained a strong focus on safely, efficiently and sustainably managing our operations, added production capacity to meet customer demand and stayed disciplined in our investments."
The company declared a cash dividend of approximately $2.35 per share, payable on August 19, 2025, to shareholders of record on August 4, 2025. During the quarter, Cal-Maine also repurchased approximately $50 million of its common stock, leaving about $450 million remaining under its share repurchase program.
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