Cal-Maine - Egg Producer Benefits from Recovery in Consumer Demand!
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Business Driver: Cal-Maine Foods (CALM ) is one of the leading egg producers in the USA. As consumer demand picks up again, Cal-Maine benefits from the increasing demand from the food industry. Recently, prices for conventional eggs have dropped significantly due to the easing avian influenza pandemic, which has caused Cal-Maine to struggle with margin issues. This was partially offset by higher sales in higher-margin segments such as organic eggs or free-range eggs thanks to rising sales. On January 7, the Q2 results showed that despite...
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