BUZZ-Cal-Maine Foods rises as Q2 sales jump

Reuters
01-08
BUZZ-<a href="https://laohu8.com/S/CALM">Cal-Maine Foods</a> rises as Q2 sales jump

** Shares of egg producer Cal-Maine Foods CALM.O up about 4% at $108.04 after the bell

** Company posts Q2 net sales of $954.7 mln, compared with $523.2 mln for the same period last year

** It says sales boosted by the Thanksgiving holiday and the acquisition of egg production assets of ISE America, as well as increase in the prices of eggs

** Cal-Maine reports Q2 net income of $219.1 mln or $4.47 per share, compared with $17 mln or 35 cents per share a year ago

** Company adds that facilities in Kansas and Texas, which experienced bird flu outbreaks in fiscal 2024, are now fully operational

** CALM rose nearly 80% in 2024

(Reporting by Aamir Sohail in Bengaluru)

((Aamir.Sohail@thomsonreuters.com;))

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