Company Quick10K Filing
Cal-Maine Foods
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 49 $2,155
10-Q 2020-01-06 Quarter: 2019-11-30
10-Q 2019-09-30 Quarter: 2019-08-31
10-K 2019-07-22 Annual: 2019-06-01
10-Q 2019-04-01 Quarter: 2019-03-02
10-Q 2019-01-04 Quarter: 2018-12-01
10-Q 2018-10-01 Quarter: 2018-09-01
10-K 2018-07-23 Annual: 2018-06-02
10-Q 2018-04-02 Quarter: 2018-03-03
10-Q 2018-01-05 Quarter: 2017-12-02
10-Q 2017-10-02 Quarter: 2017-09-02
10-K 2017-07-24 Annual: 2017-06-03
10-Q 2017-03-27 Quarter: 2017-02-25
10-Q 2016-12-22 Quarter: 2016-11-26
10-Q 2016-09-26 Quarter: 2016-08-27
10-K 2016-07-18 Annual: 2016-05-28
10-Q 2016-03-28 Quarter: 2016-02-27
10-Q 2015-12-23 Quarter: 2015-11-28
10-Q 2015-09-29 Quarter: 2015-08-29
10-K 2015-07-20 Annual: 2015-05-30
10-Q 2015-03-30 Quarter: 2015-02-28
10-Q 2014-12-29 Quarter: 2014-11-29
10-Q 2014-09-29 Quarter: 2014-08-30
10-K 2014-07-28 Annual: 2014-05-31
10-Q 2014-03-31 Quarter: 2014-03-01
10-Q 2013-10-03 Quarter: 2013-08-31
10-K 2013-08-05 Annual: 2013-06-01
10-Q 2013-04-05 Quarter: 2013-03-02
10-Q 2013-01-08 Quarter: 2012-12-01
10-Q 2012-10-04 Quarter: 2012-09-01
10-K 2012-08-06 Annual: 2012-06-02
10-Q 2012-03-30 Quarter: 2012-02-25
10-Q 2011-12-30 Quarter: 2011-11-26
10-Q 2011-09-30 Quarter: 2011-08-27
10-K 2011-08-04 Annual: 2011-05-28
10-Q 2011-03-31 Quarter: 2011-02-26
10-Q 2010-12-30 Quarter: 2010-11-27
10-Q 2010-09-30 Quarter: 2010-08-28
10-K 2010-08-02 Annual: 2010-05-29
10-Q 2010-03-31 Quarter: 2010-02-27
10-Q 2010-01-05 Quarter: 2009-11-28
8-K 2020-01-06 Earnings, Exhibits
8-K 2019-11-20 Other Events, Exhibits
8-K 2019-10-16
8-K 2019-10-04 Shareholder Vote
8-K 2019-09-30 Earnings, Exhibits
8-K 2019-07-22 Earnings, Exhibits
8-K 2019-04-01 Earnings, Exhibits
8-K 2019-01-04 Earnings, Exhibits
8-K 2018-10-05 Officers, Shareholder Vote, Exhibits
8-K 2018-10-01 Earnings, Exhibits
8-K 2018-07-23 Earnings, Exhibits
8-K 2018-07-20 Enter Agreement, Control, Amend Bylaw, Shareholder Vote, Exhibits
8-K 2018-07-10 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-06-05 Officers, Exhibits
8-K 2018-06-05 Enter Agreement, Control, Amend Bylaw, Other Events, Exhibits
8-K 2018-04-16 Other Events, Exhibits
8-K 2018-04-02 Earnings, Exhibits
8-K 2018-03-30 Officers, Exhibits
8-K 2018-01-05 Earnings, Exhibits

Cal-Maine Foods Financials

CALM Metrics, Comps, Filings

Annual | Quarterly

Business

Cal-Maine Foods, Inc. ("we," "us," "our," or the "Company") is the largest producer and marketer of shell eggs in the United States. In fiscal 2019, we sold approximately 1,038.9 million dozen shell eggs, which we believe represented approximately 19% of domestic shell egg consumption. Our total flock of approximately 36.2 million layers and 9.4 million pullets and breeders is the largest in the U.S. Layers are mature female chickens, pullets are female chickens usually under 18 weeks of age, and breeders are male and female chickens used to produce fertile eggs to be hatched for egg production flocks.

The Company has one operating segment, which is the production, grading, packaging, marketing and distribution of shell eggs. The majority of our customers rely on us to provide most of their shell egg needs, including specialty and non-specialty eggs. Specialty eggs represent a broad range of products. We classify nutritionally enhanced, cage free, organic and brown eggs as specialty products for accounting and reporting purposes. We classify all other shell eggs as non-specialty products. While we report separate sales information for these egg types, there are many cost factors which are not specifically available for non-specialty or specialty eggs due to the nature of egg production. We manage our operations and allocate resources to these types of eggs on a consolidated basis based on the demands of our customers.

We sell most of our shell eggs in the southwestern, southeastern, mid-western and mid-Atlantic regions of the U.S. through our extensive distribution network to a diverse group of customers, including national and regional grocery store chains, club stores, foodservice distributors and egg product consumers. Some of our sales are completed through co-pack agreements - a common practice in the industry whereby production and processing of certain products is outsourced to another producer. The strength of our position is evidenced by having the largest market share in the grocery segment for shell eggs. We sell shell eggs to a majority of large U.S. food retailers.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Siteone Landscape Supply (SITE) 2,894 33% 20.5 4% 1,531 1,184 2,223 728 68 171 3,509
Cal-Maine Foods (CALM) 2,155 11% 43.6 -0% 1,097 153 1,262 145 -4 48 2,108
BrightView (BV) 1,924 36% 14.0 0% 2,916 1,661 1,780 632 8 220 3,090
Calavo Growers (CVGW) 1,651 11% 29.5 7% 413 114 1,184 126 30 56 1,652
Universal (UVV) 1,509 18% 10.1 5% 2,178 826 2,134 388 101 170 1,711
Vector Group (VGR) 1,357 31% 7.7 6% 1,455 2,062 1,919 600 90 320 2,476
Fresh Del Monte Produce (FDP) 1,326 6% 7.5 1% 3,419 1,596 4,509 285 23 174 1,310
Andersons (ANDE) 904 7% 10.6 1% 3,572 2,551 5,800 418 38 180 1,900
Adecoagro (AGRO) 790 0% 2,277 1,169 0 0 0 0 593
Limoneira (LMNR) 338 0% 75.2 -1% 416 177 150 0 -5 6 449
SunOpta (STKL) 280 9% 28.7 -6% 972 743 1,227 111 -55 18 507
22nd Century (XXII) 254 2% -22.2 -18% 71 8 26 0 -13 -11 254
Alico (ALCO) 223 41% 8.9 6% 400 216 122 51 22 43 379
S&W Seed (SANW) 86 65% -28.7 -6% 146 46 63 41 -9 -3 95
Origin Agritech (SEED) 17 0% 430 453 0 0 0 0 93
Shineco (TYHT) 16 29% -8.1 1% 84 11 31 9 1 2 -20
Village Farms International (VFF)
Corteva (CTVA)
CHS (CHSCL)
Brasil Agro (LND)

Balance Sheet ($MM)2012-05-312013-05-312014-05-312015-05-312016-05-312017-05-312018-05-312019-05-31
Cash972515929184869
Accounts Receivable5979839962618157
Inventory117148146146155161169172
PP&E223266676359392458425456
Assets7267468129291,1121,0331,1501,156
Accounts Payable5547394536313839
Long-Term Debt76676151261163
Liabilities247228217224194189195166
Stockholders' Equity479518594704915843953987
Income Statement ($MM)2012-05-312013-05-312014-05-312015-05-312016-05-312017-05-312018-05-312019-05-31
Revenue1,1131,2884541611,0751,5031,361
Cost of Revenue9111,074-258-355-5871,0291,1421,138
Gross Profit20221530339664846361223
R&D
SG&A113127157160178174177175
Tax49254276167-40-916
Net Income9051110162318-7412655
Cash Flow ($MM)2012-05-312013-05-312014-05-312015-05-312016-05-312017-05-312018-05-312019-05-31
Cash Operating9858124195382-49200115
Cash Investing-27-88-99-142-21356-164-48
Cash Financing-32-41-35-60-149-18-6-46