Cal-Maine Foods announces annual sales of more than 1 billion dozen eggs for fiscal 2014, marking a new company record for sales; Cal-Maine to report fiscal Q4 earnings on July 28
July 9, 2014
– Cal-Maine Foods, Inc. (CALM) today announced that the Company reached annual sales of over one billion dozen eggs for fiscal 2014 with an expected total of 1.014 billion dozen fresh eggs sold. This significant milestone marks a new record year of sales for Cal-Maine Foods and the first time any domestic or world egg supplier has surpassed annual sales of over one billion dozen eggs.
Commenting on the announcement, Dolph Baker, chairman, president and chief executive officer of Cal-Maine Foods, Inc., stated, “We are very excited to achieve this important milestone for Cal-Maine Foods. Our sales for the year reflect strong organic growth as well as the additional volumes related to recent acquisitions. We have continued to benefit from favorable consumer demand for eggs throughout fiscal 2014. Industry studies show that eggs are found in nearly every household as consumers enjoy eggs' versatility and the variety of dishes that include eggs. Furthermore, 85 percent of today’s egg consumers view eggs as a healthy part of their diet. We strive to meet this demand by offering a full complement of conventional, cage-free, organic and nutritionally enhanced eggs. We are proud of our record of growth and equally proud of our team of employees who have worked so hard to achieve this milestone for Cal-Maine Foods.”
The Company will report financial and operating results for the fourth quarter and fiscal year ended May 31, 2014, on July 28, 2014.
Cal-Maine Foods, Inc. is primarily engaged in the production, grading, packing and sale of fresh shell eggs, including conventional, cage-free, organic and nutritionally-enhanced eggs. The Company, which is headquartered in Jackson, Mississippi, is the largest producer and distributor of fresh shell eggs in the United States and sells the majority of its shell eggs in approximately 29 states across the southwestern, southeastern, mid-western and mid-Atlantic regions of the United States.
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