Cal-Maine reports Q4, fiscal 2016 results

Company experiencing some margin and volume pressures on specialty egg sales.

Cal-Maine Foods Inc. this week reported results for its fourth quarter and fiscal year ended May 28, 2016.

Net sales for the fourth quarter of fiscal 2016 were $303.0 million, a 24.8% decrease from $403.0 million in the fourth quarter of 2015. The company reported a net loss of $376,000, or 1 cent per basic and diluted share, for the fourth quarter of 2016, compared to net income of $46.1 million, or 96 cents per basic share and 95 cents per diluted share, for the fourth quarter of

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