Cal-Maine Reports Strongest First Quarter in Company History

Cal-Maine Foods, the largest egg company in the U.S., today (Oct. 1) reported its biggest first quarter in the company’s history, with nearly a billion dollars in sales and $200 million in net income for the period ending Aug. 30.

The results were buoyed by growth of “specialty eggs” -- cage-free, organic, brown, free-range, pasture-raised and nutritionally enhanced categories -- and a key processed foods acquisition, as well as the continuing high price of eggs.

Specialty eggs have been growing as a share of Cal-Maine’s sales and in this reporting period reached 36% of sales. Prepared foods -- pre-cooked egg patties, omelets, folded and scrambled egg products, hard-cooked, pancakes, and waffles -- sales were $83.9 million versus $8.9 million, reflecting the June acquisition of Echo Lake Foods and last year’s majority stake in Crepini Foods.

Conventional egg prices rose 4.7% in the quarter, while specialty egg prices rose 2.6%.

“We delivered our strongest first quarter in company history, aided by higher specialty egg sales, the expansion of our prepared foods platform, and supported by solid performance in conventional eggs,” said President/CEO Sherman Miller. “Cal-Maine Foods enters fiscal 2026 from a position of strength and is a uniquely attractive combination of both value and growth in today’s food sector.”

Miller mentioned the usual operational goals going forward but also “pursuing disciplined, accretive M&A [mergers and acquisitions].”