CALM CAL-MAINE FOODS INC

BULLISH Impact: 8/10 8-K
Horizon immediate Filed Apr 1, 2026 Processed 2mo ago SEC 0001562762-26-000044
earnings-rerun-backfill
Latest settled — T+20d ⚠ clustered
CALM ▼ -9.53% at T+20d
LONG call ✗ call lost -9.53% · α vs SPY -19.25% · entry $82.98 → $75.07
Next anchor: T+60d in 16d
Currently $78.10 · -5.88% from $82.98 entry
Entry anchored
Mar 31, 03:59 PM ET
via Databento tick
T+1d
-5.88%
call -5.88% · α -5.96%
$78.10
settled 2mo ago
T+5d
-6.34%
call -6.34% · α -10.10%
$77.72
settled 2mo ago
T+20d
-9.53%
call -9.53% · α -19.25%
$75.07
settled 6w ago
T+60d
call — · α —
in 16d

Price Chart

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Executive Summary

Cal-Maine Foods reported Q3 FY2026 earnings with diluted EPS of $1.06, a 68.3% beat versus consensus of $0.63, on revenue of $667.0M, slightly above estimates. Despite a 53% YoY revenue decline due to lower egg prices, the strong EPS beat was driven by cost controls and a shift toward higher-margin specialty eggs and prepared foods, which now represent 52.9% of net sales.

Key Financial Metrics

Gross Margin
17.9%

Actionable Insight

The stock is likely to react positively to the substantial EPS beat and continued progress in margin resilience through product mix shift. Monitor prepared foods growth trajectory and margin sustainability in the next quarter, as capacity comes online and utilization improves.

Key Facts

  • Diluted EPS of $1.06 vs. consensus of $0.63 (68.3% beat)
  • Revenue of $667.0M, down 53.0% YoY but slightly above $657.1M consensus
  • Specialty eggs and prepared foods now 52.9% of net sales, up 2,890 bps YoY
  • Prepared foods sales up 441.2% YoY to $63.6M
  • Repurchased $24.3M of stock; $350.8M remaining on buyback authorization

Financial Impact

EPS beat of $0.43 above expectations, driven by favorable product mix and cost management despite significantly lower commodity prices

epsrevenuegross_marginproduct_mix

Risk Factors

  • Revenue heavily dependent on volatile commodity egg prices
  • Margins could compress if input costs rise or pricing power weakens in specialty segments

Market Snapshot

Exchange
Nasdaq
Sector
Agricultural Prod-Livestock & Animal Specialties

Documents Analyzed

This report is based on 6 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001562762-26-000044
Document: 8k20260401.htm0001562762-26-000044
Document: 0001562762-26-000044-index-headers.html0001562762-26-000044
Document: 0001562762-26-000044-index.html0001562762-26-000044
Document: 0001562762-26-000044.txt0001562762-26-000044
8-K Data (Synthetic)0001562762-26-000044
6 reports for CALM
Performance horizon
100% Hit rate 3 of 3 directional calls best @ T+20▲ +9.53%Apr 1, 2026
Filters
Rows
Reports for CALM — sortable, filterable
Type Now
May 12, 2026
4w ago
Press Release
MIXED ★ 5/10
$78.88 $77.61▼ −1.61%▼ −1.69%$78.10 (−0.99%)
Apr 1, 2026
10w ago
8-K
BULLISH ★ 8/10
$82.98 $77.72▼ −6.34%▼ −10.10%$78.10 (−5.88%)
Apr 1, 2026
10w ago
Press Release
BEARISH ★ 7/10
$82.98 $77.72▲ +6.34%▲ +10.10%$78.10 (+5.88%)
Mar 9, 2026
13w ago
Press Release
NEUTRAL ★ 3/10
$86.72 $86.62▼ −0.12%▲ +0.79%$78.10 (−9.94%)
Mar 3, 2026
14w ago
8-K
BULLISH ★ 8/10
$87.59 $87.12▼ −0.53%▼ −0.05%$78.10 (−10.83%)
Mar 2, 2026
14w ago
Press Release
BULLISH ★ 7/10
$87.59 $87.12▼ −0.53%▼ −0.05%$78.10 (−10.83%)
Showing 6 of 6

US Market Status

Market Closed — Opens Mon (49h 29m)

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