Strong egg demand, sales lift Cal-Maine

Strong egg demand, sales lift Cal-Maine

EGG company Cal-Maine Foods Inc. reported financial results for its first quarter of fiscal 2016.

Net sales for the first quarter ended Aug. 29, 2015, were $609.9 million, compared with net sales of $356.9 million for the first quarter of fiscal 2015. Net income was $143.0 million, or $2.95 per diluted share, for the first quarter of fiscal 2016, compared with $27.7 million, or 57 cents per diluted share, for the first quarter of fiscal 2015.

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