Cal-Maine Foods, Inc. (CALM)

Cal-Maine Foods' stock price has experienced a significant decline of 28.97% in the past six months, reaching a new 52-week low of $72.16 on January 13, 2026. Key events impacting the stock include the Q2 Fiscal Year 2026 Earnings Report, which reported diluted EPS of $2.13, surpassing analyst forecasts, but net sales declined by 19.4% year-over-year. Following the Q2 earnings, several analysts lowered their price targets for CALM. The company announced a new $15 million network optimization and capacity-expansion project at Echo Lake Foods, and its joint venture, Crepini Foods, will invest $7 million to add additional production capacity. The Chief Strategy Officer, Keira L. Lombardo, made five purchases of CALM stock, buying 2,800 shares for an estimated $258,598 in the past six months.

Demand for Cal-Maine Foods' products exhibits seasonality, with less demand during the summer months. The egg industry faces seasonal risks related to avian flu outbreaks, which have historically peaked in the winter months, impacting supply and egg prices.

Cal-Maine Foods, Inc. is the largest producer and distributor of fresh shell eggs in the United States, operating within the agribusiness sector with a vertically integrated business model. The company's products include conventional and specialty eggs, as well as broken shell egg products, marketed under various brand names and serving a broad customer base.

Cal-Maine Foods, Inc. has an extensive geographic footprint across the United States, with facilities strategically located in Alabama, Arkansas, Florida, Georgia, Kansas, Kentucky, Louisiana, Maryland, Mississippi, Missouri, North Carolina, New Jersey, Ohio, Oklahoma, South Carolina, Tennessee, Texas, and Utah. These facilities include breeding facilities, feed mills, hatcheries, and processing plants. The company's headquarters are in Ridgeland, Mississippi.

Cal-Maine Foods has established a reputation for quality and reliability through its brand portfolio, including Egg-Land's Best® and Land O'Lakes®. A jury found Cal-Maine Foods and other defendants liable for an alleged conspiracy to inflate egg product prices in late 2023, and the company is contesting the decision. In June 2025, a voluntary recall of brown cage-free and organic brown eggs by August Egg Company benefited Cal-Maine Foods by reducing competition.

Cal-Maine Foods, Inc. is predominantly owned by institutional investors, ranging from approximately 79.51% to 94.41% of the outstanding shares. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, and Dimensional Fund Advisors LP. The founding family of Fred R. Adams, Jr. also holds a controlling interest in the company.