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Correction-BUZZ-Cal-Maine shares fall after reporting quarterly loss

Correction-BUZZ-Cal-Maine shares fall after reporting quarterly loss

路透社路透社2026/09/30 11:18
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Title corrected to indicate that the company recorded a quarterly loss, not an expanding loss

- ** Shares of egg supplier Cal-Maine Foods (CALM.O) fell 6.5% to $64.1 in pre-market trading

** The company (link) reported first quarter revenue of $539.6 million, down from $922.6 million in the same period last year

** CALM posted a net loss of $58.62 million for the first quarter, compared to a net profit of $199.3 million a year earlier

** The company said that, following flock rebuilding, a supply-demand imbalance in the industry led to a significant decline in first quarter conventional bulk egg prices

** As of the previous trading day's close, the stock was down 13.9% year-to-date


(To facilitate non-English speakers, Reuters provides its reports in several other languages via automated translation. Due to potential inaccuracies or missing context in automated translations, Reuters does not guarantee the accuracy of translated texts, which are provided solely for readers’ convenience. Reuters is not liable for any damage or loss caused by the automated translation feature.)

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