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NASDAQ: CALM CAL-MAINE FOODS INC 8-K

Cal-Maine Foods reports Q4 net loss of $35.9M on weak egg prices, announces $54M expansion

Filed July 22, 2026 · Period ending July 22, 2026 · ~1 min read

5 key changes 2 high relevance 2 sections

Key Changes

  • high

    Q4 net loss of $35.9M ($0.76/share) vs. $342.5M profit year-ago; full-year net income $316.7M ($6.63/share) down 74% from $1.22B ($24.95/share) prior year, driven by historically low egg prices from industry oversupply.

    Exhibit 99.1 view on EDGAR →
  • high

    Announced $54M Prepared Foods capacity expansion adding ~30% production capacity by H1 FY2028; combined with prior organic growth and Van's acquisition, total Prepared Foods capacity to increase >60% from FY2026 end.

    Exhibit 99.1 view on EDGAR →
  • medium

    Acquired additional Eggland's Best franchise territory in Northeast (Maine, Massachusetts, New Hampshire, Rhode Island, parts of Vermont/New York/Connecticut), expected to increase Specialty Shell Egg volume ~5% annually.

    Exhibit 99.1 view on EDGAR →
  • medium

    Suspended dividend under variable dividend policy; must achieve cumulative profitability of $35.9M before resuming payments. Repurchased 396,083 shares for $30.1M in Q4; $320.7M remains under up to $500M authorization.

    Exhibit 99.1 view on EDGAR →
  • medium

    Adopted new three-segment reporting structure (Conventional Shell Eggs, Specialty Shell Eggs, Prepared Foods) effective Q4 FY2026, replacing prior single-segment model; prior periods recast.

    Exhibit 99.1 view on EDGAR →

Summary

Cal-Maine Foods reported a sharp reversal in Q4 fiscal 2026, posting a net loss of $35.9 million versus a $342.5 million profit in the year-ago quarter, as historically low inflation-adjusted egg prices from industry oversupply overwhelmed the company's operations. Full-year net income fell 74% to $316.7 million.

The dividend is suspended under the company's variable policy until cumulative profitability recovers the Q4 loss. The company is accelerating its diversification strategy with a $54 million Prepared Foods capacity expansion that will add approximately 30% production capacity by the first half of fiscal 2028.

Combined with prior organic growth and the Van's acquisition, total Prepared Foods capacity is projected to increase over 60%, positioning Cal-Maine to capture higher-margin, less cyclical revenue streams. The post-year-end acquisition of additional Eggland's Best franchise territory in the Northeast is expected to boost Specialty Shell Egg volume by roughly 5% annually, strengthening the company's position in a high-income consumer market. The new three-segment reporting structure (Conventional Shell Eggs, Specialty Shell Eggs, Prepared Foods) reflects management's strategic pivot toward product mix optimization and away from commodity shell egg exposure.

Section-by-Section Diff

Event · Item 2.02 — Results of Operations and Financial Condition

~200 words

Cal-Maine Foods announced Q4 FY2026 financial results via press release.

1 Added
Added Q4 FY2026 earnings announcement high

Added in current filing · verify on EDGAR →

On July 22, | 2026, | Cal ... -Maine Foods, | Inc. (the | “Company”) | issued a press release | announcing | its financial | results for the fourth | quarter | ended | May | 30, 2026.

The company disclosed its financial results for the fourth quarter ended May 30, 2026 through a press release. The actual financial figures are contained in Exhibit 99.1, which was not provided in this filing excerpt.

Event · Exhibit 99.1

~5,500 words View exhibit on EDGAR ↗

Cal-Maine Foods reported Q4 and FY2026 results with a net loss of $35.9M, announced new segment reporting, acquired Eggland's Best territory, and disclosed a $54M Prepared Foods expansion.

1 Added
Added Q4 and FY2026 financial results high

Added in current filing · view on EDGAR →

Net sales | $ 552,581 | $ 1,103,658 | $ (551,077) | (49.9)% | $ 2,911,632 | $ 4,261,885 | $ (1,350,253) | (31.7)% | Gross profit | $ 34,066 | $ 531,510 | $ (497,444) | (93.6)% | $ 672,049 | $ 1,850,885 | $ (1,178,836) | (63.7)% | Operating | income | (loss) | $ (58,811) | $ 435,851 | $ (494,662) | (113.5)% | $ 350,186 | $ 1,536,539 | $ (1,186,353) | (77.2)% | Net income attributable to Cal- ... Maine Foods, Inc. | $ (35,876) | $ 342,475 | $ (378,351) | (110.5)% | $ 316,682 | $ 1,220,048 | $ (903,366) | (74.0)% | Income (loss) | per | share - diluted | $ (0.76) | $ 7.01 | $ (7.77) | (110.8)% | $ 6.63 | $ 24.95 | $ (18.32) | (73.4)%

Cal-Maine Foods reported a net loss of $35.9 million ($0.76 per diluted share) for Q4 fiscal 2026, compared to net income of $342.5 million ($7.01 per share) in the prior-year quarter. For the full fiscal year, net income was $316.7 million ($6.63 per share), down from $1.22 billion ($24.95 per share) in fiscal 2025. The declines were driven by historically low inflation-adjusted egg prices due to industry oversupply, partially offset by improved product mix and pricing arrangements.

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View original filing on SEC.gov Press release (Ex 99.1) on EDGAR ↗

Figures/quotes linked to EDGAR · Narrative written by AI · Jul 28, 2026 · How we verify