NASDAQ$CALM
Cal-Maine Foods, Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Cal-Maine Foods experienced a net loss despite increased sales due to challenging market conditions and higher production costs.
Cal-Maine Foods reported a net loss of $18.0 million for the first quarter of fiscal year 2022, despite a 13.3% increase in net sales to $331.7 million. Results were impacted by lower conventional egg sale volumes and higher production costs, particularly related to increased feed costs.
- Net sales increased by 13.3% to $331.7 million compared to the prior-year period.
- The company reported a net loss of $18.0 million, or $0.37 per basic and diluted common share.
- Specialty egg sales accounted for 43.0% of total shell egg revenue.
- Farm production costs per dozen produced increased by 25.4% due to higher feed costs.
Headline financials
Revenue & EPS history
Cal-Maine Foods · Revenue · Quarterly
$332M
Revenue by segment
Cal-Maine Foods · $139M total across 1 segment · Q1 2022
- Specialty Eggs$139M+7.4%100.0%
Forward guidance
Cal-Maine Foods is confident in its growth strategy to provide a favorable product mix, expand specialty egg production, increase capacity for cage-free production, and manage operations efficiently. The company believes it is well-positioned with sufficient capital for internal expansion and potential acquisitions.
Tailwinds
- Confident in growth strategy to provide a favorable product mix.
- Expanding specialty egg production.
- Increasing capacity for cage-free production.
- Managing operations in an efficient and sustainable manner.
- Well-positioned with sufficient capital to fund internal expansion projects and consider potential acquisitions.
Headwinds
- Expect market prices to remain elevated and volatile relative to historical prices.
- Ongoing disruptions related to the COVID-19 global pandemic.
- Weather fluctuations.
- Geopolitical issues.
- Challenging environment continues.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2022
-0.7%
Avg return
Earnings day
-0.5%
Avg return
5 days after
-0.0%
Avg return
30 days after
42%
27 / 65 earnings
Positive
+11.0%
Q3 2014
Best reaction
-16.6%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | -0.1% | -0.3% | — | |
| Q2 2026 | -1.6% | -6.6% | +4.4% | |
| Q1 2026 | -1.1% | -1.4% | -6.7% | |
| Q4 2025 | +0.8% | +3.9% | +5.9% | |
| Q3 2025 | +2.5% | +9.3% | +1.0% | |
| Q2 2025 | -0.0% | -2.7% | +3.8% | |
| Q1 2025 | +0.8% | +13.0% | +17.3% | |
| Q4 2024 | +3.7% | +9.8% | +11.7% | |
| Q3 2024 | +4.3% | +7.4% | -1.8% | |
| Q2 2024 | -0.7% | -2.5% | +0.5% | |
| Q1 2024 | -7.3% | -3.2% | +4.6% | |
| Q4 2023 | +0.5% | +2.4% | +4.1% | |
| Q3 2023 | +4.9% | +10.2% | -12.9% | |
| Q2 2023 | -16.6% | -14.6% | -13.7% | |
| Q1 2023 | +1.1% | -6.9% | -6.0% | |
| Q4 2022 | +0.3% | +1.5% | +5.3% | |
| Q3 2022 | +3.0% | +14.5% | +7.7% | |
| Q2 2022 | -1.8% | +0.2% | +5.1% | |
| Q1 2022 | +0.3% | -2.4% | +1.0% | |
| Q4 2021 | -2.7% | -3.0% | -1.5% | |
| Q3 2021 | -3.5% | -4.1% | -7.9% | |
| Q2 2021 | +3.1% | +2.1% | +4.2% | |
| Q1 2021 | -1.0% | -1.4% | -0.1% | |
| Q4 2020 | -0.5% | -0.4% | -6.7% | |
| Q3 2020 | +3.7% | -4.5% | +1.5% | |
| Q2 2020 | -10.2% | -9.9% | -13.6% | |
| Q1 2020 | -13.9% | -16.4% | -11.5% | |
| Q4 2019 | +0.3% | -0.8% | +5.6% | |
| Q3 2019 | -5.9% | -5.8% | -7.5% | |
| Q2 2019 | -1.3% | -0.6% | +1.4% | |
| Q1 2019 | -9.6% | -8.1% | +0.8% | |
| Q4 2018 | -2.1% | -2.1% | +8.6% | |
| Q3 2018 | +5.1% | +6.9% | +7.1% | |
| Q2 2018 | -0.3% | -0.1% | -6.1% | |
| Q1 2018 | +5.8% | +3.0% | +6.6% | |
| Q4 2017 | -0.1% | +3.4% | -6.1% | |
| Q3 2017 | +0.5% | -1.5% | +3.6% | |
| Q2 2017 | +5.3% | +6.4% | +1.9% | |
| Q1 2017 | -3.2% | -8.6% | -11.3% | |
| Q4 2016 | -5.4% | -8.1% | -2.1% | |
| Q3 2016 | +6.5% | — | — | |
| Q2 2016 | +1.5% | — | — | |
| Q1 2016 | -9.9% | — | — | |
| Q4 2015 | -0.7% | — | — | |
| Q3 2015 | -0.1% | — | — | |
| Q2 2015 | -3.3% | — | — | |
| Q1 2015 | +4.5% | — | — | |
| Q4 2014 | -4.2% | — | — | |
| Q3 2014 | +11.0% | — | — | |
| Q2 2014 | -0.0% | — | — | |
| Q1 2014 | -1.1% | — | — | |
| Q4 2013 | +1.0% | — | — | |
| Q3 2013 | +0.1% | — | — | |
| Q2 2013 | -6.0% | — | — | |
| Q1 2013 | +2.7% | — | — | |
| Q2 2012 | -0.2% | — | — | |
| Q4 2011 | -0.2% | — | — | |
| Q4 2010 | -0.2% | — | — | |
| Q4 2012 | +3.4% | — | — | |
| Q3 2012 | -0.2% | — | — | |
| Q3 2011 | -0.2% | — | — | |
| Q2 2011 | +1.0% | — | — | |
| Q1 2011 | -2.1% | — | — | |
| Q1 2012 | -2.1% | — | — | |
| Q3 2010 | -3.8% | — | — |
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