Cal-Maine misses Q1 estimates despite higher sales
Specialty eggs, prepared foods grow but earnings fall short
1 October 2025
1 minute read
By: US egg producer Cal-Maine Foods posted stronger sales and profit in its fiscal first quarter but fell short of Wall Street expectations, reported Reuters.
Net sales rose 17.4% year-on-year to $922.6 million, below analyst forecasts of $960.3 million. Net income increased 32.9% to $199.1 million, also missing consensus estimates of $259.2 million. Earnings per share came in at $4.12, compared with the expected $5.10.
Specialty egg sales climbed 10.4% on higher volumes and prices, while conventional egg sales grew 4.4%. Prepared foods sales surged more than eightfold, driven by Cal-Maine’s acquisition of Echo Lake Foods.
Looking ahead, the company pointed to long-term growth in specialty eggs and prepared foods. It also announced a $14.8 million investment in a pancake production line and highlighted its strong balance sheet as a platform for future acquisitions.
Cal-Maine shares closed at $94.10 on September 30, with analysts setting a median 12-month price target of $106.50.
