Cal-Maine Foods Inc. (NASDAQ: CALM) announced that the Company reached annual sales of over 1 billion dozen eggs for fiscal 2014 with an expected total of 1.014 billion dozen fresh eggs sold. This significant milestone marks a new record year of sales for Cal-Maine Foods and the first time any domestic or world egg supplier has surpassed annual sales of over 1 billion dozen eggs.
Commenting on the announcement, Dolph Baker, chairman, president and chief executive officer of Cal-Maine Foods Inc., stated, “We are very excited to achieve this important milestone for Cal-Maine Foods. Our sales for the year reflect strong organic growth as well as the additional volumes related to recent acquisitions. We have continued to benefit from favorable consumer demand for eggs throughout fiscal 2014. Industry studies show that eggs are found in nearly every household as consumers enjoy eggs' versatility and the variety of dishes that include eggs. Furthermore, 85 percent of today’s egg consumers view eggs as a healthy part of their diet. We strive to meet this demand by offering a full complement of conventional, cage-free, organic and nutritionally enhanced eggs. We are proud of our record of growth and equally proud of our team of employees who have worked so hard to achieve this milestone for Cal-Maine Foods.”
The Company will report financial and operating results for the fourth quarter and fiscal year ended May 31, 2014, on July 28, 2014.