By Kuldip K. Ambastha<\/p>\n\n\n\n
On the trading day of Thursday, December 29, 2022, the stock price of Cal-Maine Foods, Inc. (CALM<\/a>), a fresh egg producer, fell by -14.5% per share. For the latest quarter, the company’s sales beat expectations while profits did not beat expectations. While egg demand and pricing per dozen eggs were strong, an increase in costs (for feed, processing, and packaging) weighed heavily on profits. Cal-Maine Foods is the largest egg producer in the USA, and though sales were strong the company still struggled during the latest quarter.<\/p>\n\n\n\n Keywords – Cal-Maine Foods, Inc.<\/a>, Cal-Maine Foods<\/a>, Cal-Maine<\/a>, CALM<\/a>, fresh<\/a>, egg<\/a>, producer<\/a>, demand<\/a>, pricing<\/a>, dozen<\/a>, costs<\/a>, feed<\/a>, processing<\/a>, packaging<\/a>, profits<\/a>, sales<\/a>, struggle<\/a>, quarter<\/a>.<\/p>\n\n\n\n Disclosure – The principals and clients of Ambastha Financial LLC have no positions in CALM<\/a>.<\/p>\n\n\n\n Disclaimer – No recommendations are being made via this post. Past performance is not an indicator of future performance. As an investor, you should do your own research and seek professional advice from a Registered Investment Adviser (RIA). You can lose money by investing in stocks and other instruments. Ambastha Financial LLC does not assume any responsibility (legal or otherwise) for any losses that may occur as a result of actions taken based on this post. All content copyrighted \u00a9 2022 – Ambastha Financial LLC.<\/p>\n\n\n\n CONTACT US<\/strong><\/p>\n\n\n