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Shares of Cal-Maine Foods, the largest US egg producer, fell in after-hours trading Tuesday after the company acknowledged it is being investigated by the antitrust division of the Justice Department.
The egg price increases have put Cal-Maine, which provides around 20% of the nation’s eggs, under increased scrutiny. On Tuesday, Cal-Maine said its sales nearly doubled to $1.42 billion in its ...
US Egg Giant Cal-Maine Says Government Is Investigating Price Increases Shares of Cal-Maine Foods, the largest U.S. egg producer, fell in after-hours trading Tuesday after the company acknowledged ...
The company reported huge year-over-year quarterly gains, but fell slightly below estimates. Cal-Maine also acquired a ready-to-eat breakfast food company. Egg prices have been in the news due to ...
Cal-Maine said its third quarter net income more than tripled to $508.5 million compared to the same period a year ago. The profit, of $10.38 per share, also fell short of analysts’ forecast of ...
Looking at Cal-Maine’s peers in the consumer staples segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Conagra’s revenues decreased 6.3% year on ...
Shares of Cal-Maine Foods Inc. fell after hours on Tuesday after the egg producer reported fiscal third-quarter results that missed Wall Street’s estimates, following a spike in egg prices over ...
The largest U.S. egg producer, Cal-Maine Foods CALM.O, is cooperating with a U.S. Department of Justice investigation into high egg prices and whether producers have conspired to raise them ...