Cal-Maine Foods achieves eggcellent milestone

Cal-Maine Foods isn’t due to report its financial results for the fourth quarter and fiscal year ended May 31 until the end of the month, but already it has reached annual sales of more than 1 billion dozen eggs for fiscal 2014 with an expected total of 1.014 billion dozen fresh eggs sold.

The milestone marks a new record year of sales for Cal-Maine Foods and the first time any domestic or world egg supplier has surpassed annual sales of more than 1 billion dozen eggs.

“We are very excited to achieve this important milestone for Cal-Maine Foods,” said Dolph Baker, chairman, president and CEO. “Our sales for the year reflect strong organic growth as well as the additional volumes related to recent acquisitions. We have continued to benefit from favorable consumer demand for eggs throughout fiscal 2014. Industry studies show that eggs are found in nearly every household as consumers enjoy eggs' versatility and the variety of dishes that include eggs. Furthermore, 85% of today’s egg consumers view eggs as a healthy part of their diet. We strive to meet this demand by offering a full complement of conventional, cage-free, organic and nutritionally enhanced eggs. We are proud of our record of growth and equally proud of our team of employees who have worked so hard to achieve this milestone for Cal-Maine Foods.”

Cal-Maine Foods is primarily engaged in the production, grading, packing and sale of fresh shell eggs, including conventional, cage-free, organic and nutritionally enhanced eggs. The company, which is headquartered in Jackson, Mississippi, is the largest producer and distributor of fresh shell eggs in the United States and sells the majority of its shell eggs in approximately 29 states across the Southwestern, Southeastern, Midwestern and mid-Atlantic regions of the United States.

 

 

Recommended stories

Login or Register to post a comment.