)
Edge12 Dec 2025
Running on Clouds: The Story of On
The story of how a Swiss runner's pursuit of a new running sensation became On, aiming to be the most premium global sportswear brand worldwide.
Cal-Maine Foods
Cal-Maine Foods (CALM) investor relations material
Cal-Maine Foods Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary7 Jan, 2026
Executive summary
Q2 and first half of FY26 showed resilience despite lower egg prices, with a diversified business model and disciplined execution supporting momentum.
Specialty eggs and prepared foods now represent a significantly larger share of net sales, reflecting a strategic shift toward higher-value products and supporting earnings durability.
Prepared foods sales surged due to acquisitions and capacity expansion, despite short-term production declines from facility remodeling.
Net income for Q2 FY26 was $102.8M, down 53.1% year-over-year; first half net income was $302.1M, down 18.1%.
Financial highlights
Q2 net sales were $769.5M, down 19.4% year-over-year; first half net sales were $1.7B, down 2.8%.
Q2 gross profit was $207.4M (27.0% margin), down 41.8%; first half gross profit was $518.7M (30.7% margin), down 14.0%.
Q2 operating income was $123.9M (16.1% margin), down 55.5%; first half operating income was $373.1M (22.1% margin), down 19.8%.
Diluted EPS for Q2 was $2.13, down 52.3%; first half diluted EPS was $6.26, down 17.0%.
Net cash flow from operations in Q2 was $94.8M, down 22.8%; first half was $373.4M, up 55.5%.
Outlook and guidance
Management expects continued sales mix shift toward specialty eggs and prepared foods, with ongoing investments and acquisitions supporting double-digit growth and enhanced earnings durability.
Prepared foods capacity is expected to increase over 30% in the next 18–24 months through network optimization and joint ventures.
SG&A expenses are expected to remain elevated due to professional fees and promotional activity as specialty volumes grow.
Q3 prepared foods results are expected to show continued pullback due to expansion, with improvement anticipated from Q4 onward.
Specialty eggs projected to exceed 50% of total shell egg net sales over time.
Quantify earnings resilience from mix shift
Prepared foods sales recovery post-remodel?
Capital allocation strategy for share repurchases
Prepared foods margin outlook for H2 FY26?
Specialty egg volume growth drivers
AI's long-term impact on egg supply reliability
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Cal-Maine Foods earnings date
Q3 20267 Apr, 2026
Cal-Maine Foods
Next Cal-Maine Foods earnings date
Q3 20267 Apr, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Cal-Maine Foods Inc. is primarily engaged in the production, grading, packaging, marketing, and distribution of fresh shell eggs. As a major egg producer in the United States, the company's products include conventional, cage-free, organic, and nutritionally-enhanced eggs. Cal-Maine Foods serves a variety of customers, including national and regional grocery store chains, club stores, and foodservice distributors. The company is headquartered in Ridgeland, Mississippi, and its shares are listed on the NASDAQ.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage