US egg supplier Cal-Maine Foods reported a third successive quarter of worsening profitability as the company battled falling prices amid excess supply in the sector.
US egg group Cal-Maine Foods has booked plummeting first-half sales and earnings as an imbalance of supply and demand led to "extremely challenging market fundamentals".
A "disappointing" shell egg market and "challenging" conditions has led Cal-Maine Foods to report a loss for the first quarter of its financial year, with sales falling by more than 60%.
US egg supplier Cal-Maine Foods has inked an agreement to buy "substantially all" the assets of Foodonics International and its related entities trading as the Dixie Egg Co.
US egg processor Cal-Maine Foods today (18 July) reported net income of US$316m for the fiscal 2016 year ended on 28 May – the highest annual net income in the company's history and 96% higher than the record set in fiscal 2015.
US egg processor Cal-Maine Foods has reported higher sales and profits for the first nine months of its financial year.
Cal-Maine Foods, the US egg supplier, has reported an increase in half-year profits on the back of higher egg prices.
Cal-Maine Foods booked "record" first-quarter sales and earnings today (28 September) on the back of a spike in egg prices.
US retailer Supervalu has said that it plans to move its Wild Harvest private label brand to 100% cage-free eggs by the end of the year.
Mission Foods owner Gruma, fellow Mexican group Industrias Bachoco and US infant formula business Abbott were among the companies reporting second-quarter numbers this week. Elsewhere, US egg supplier Cal-Maine Foods and kiwifruit supplier Zespri provided figures for their full financial years.
US ice cream maker Blue Bell Creameries this week expanded its product recall as it reacts to a listeria outbreak linked to three deaths. In Europe, Dutch horsemeat trader Willy Selten was sentenced to a jail term. And China has filed a dispute at the WTO over the EU's tariffs on poultry products.
US egg processor Cal-Maine Foods is to set up a production joint venture with local peer Rose Acre Farms.
Egg producer Cal-Maine Foods has reported higher profits for the first nine months of the year on the back of strong performance in speciality eggs and lower feed costs.
Shares in US egg supplier Cal-Maine Foods fell over the festive period despite higher profits after second-quarter earnings missed analyst forecasts.
Southwest Specialty Eggs, the venture between US egg suppliers Cal-Maine Foods and Hickman's Egg Ranch, has acquired the Egg-Land's Best franchise for southern California and Las Vegas.
US egg supplier Cal-Maine Foods has formed a venture with Hickman's Egg Ranch to sell "specialty" eggs in Arizona.
US egg supplier Cal-Maine Foods has booked a jump in annual sales thanks to a year of record sales.
US egg supplier Cal-Maine Foods has reported higher nine-month sales and profits, helped by increased volumes and improved selling prices.
US egg producer Cal-Maine Foods has announced it is to acquire the remaining half of its Delta Egg Farm venture from partner Sunbest Foods of Iowa in a US$17m deal.
US egg producer Cal-Maine Foods booked an increase in first-half sales and profits, benefiting from its increased focus on speciality egg sales.
Production and feed costs have hit quarterly profits at US egg producer Cal-Maine Foods.
Cal-Maine Foods saw annual earnings tumble thanks to the costs from its settlement of an anti-trust lawsuit with foodservice customer Sodexo.
Cal-Maine Foods said it has reached an agreement to pay US$28m to settle anti-trust claims against the company.
US egg firm Cal-Maine Foods has recorded an increase in third-quarter profit but said feed costs hit margins.
Cal-Maine Foods has booked a 39% drop in second-quarter earnings, as revenue growth failed to offset higher costs.
US egg firm Cal-Maine Foods has signed a deal to acquire the egg production assets of Maxim Production Co.
US poultry producer Pilgrim's Pride has reported its third consecutive quarterly profit, with the bottom line boosted by restructuring initiatives.
US egg firm Cal-Maine Foods' first-quarter net profits has more than tripled as sales climbed on higher average market prices for shell eggs.
US egg firm Cal-Maine Foods has booked an increase in full-year profits as gains from a new venture in the speciality egg market more than offset higher costs from its fresh shell eggs.
US egg firm Cal-Maine Foods has given its chairman Fred Adams emeritus status following his decision to step down from the role for health reasons.
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