RSS   Newsletter   Contact   Advertise with us

Cal-Maine Foods Q3 net sales 10 percent down

Share on Twitter Share on LinkedIn
Christian Fernsby ▼ | March 30, 2020
Cal-Maine Foods reported results for the third quarter ended February 29, 2020.
Cal-Maine Foods
Cal-Maine Foods   Eggs
Net sales for the third quarter of fiscal 2020 were $345.6 million, a 10.0 percent decrease, compared to $384.0 million for the third quarter of fiscal 2019.

Topics: Cal-Maine Foods

The company reported net income of $13.7 million, or $0.28 per basic and diluted share, for the third quarter of fiscal 2020, compared to net income of $39.8 million, or $0.82 per basic and diluted share, for the third quarter of fiscal 2019.

For the thirty-nine weeks ended February 29, 2020, net sales were $898.3 million compared to $1,080.6 million for the prior-year period.

The company reported net loss of $42.1 million, or $0.87 per basic and diluted share, for the thirty-nine weeks ended February 29, 2020, compared to net income of $74.0 million, or $1.53 per basic and $1.52 per diluted share for the year-earlier period.


 

MORE INSIDE POST