Cal-MaineFoods, Inc. (CALM)
- NASDAQ $50.63-7.01(-12.16%) 4:00PM, 09/28
l Cal-MaineFoods (NASDAQ:CALM): FQ1 EPS of $2.95 misses by $0.19.
l Revenueof $609.9M (+70.9% Y/Y) beats by$9.96M.
l Grossmargin rate improved drastically 2041 bps to 43.13% due to egg prices.
l Operatingmargin rate increased 2456 bps to 36.09%.(創金融海嘯以來新高)
請參考 YOU tbbe 賴宇凡 食食課課教室第96集..吃蛋無上限!作者:
blade 時間: 2015-12-12 16:42
Overall sales were up 70.9 percent over the prior year period, as average selling prices for shell eggs spiked to record levels during the first quarter and were up 65.7 percent compared with the same period last year. Volumes were also up slightly in what is typically our slowest quarter, with total dozen shell eggs sold up 2.8 percent over the first quarter of fiscal 2015.Baker added, Our industry is still feeling the effects of the substantial reduction in the national laying hen flock that occurred this past spring related to the Avian Influenza (AI) outbreaks in the upper Midwestern United States. We believe that egg prices will remain very high until the supply situation returns to more normal levels.
是說去年春天的禽流感爆發之後，母雞的供應還沒有達到平衡，所以今年雞蛋的價格上漲了65.7%造成營收的yoy成長70.9%。明顯的這個現象不是長期的，那麼今年算出來的便宜價大家可能要往下估一些。作者:
mikeon88 時間: 2015-12-12 17:59
Confirmation of bird flu in Indiana There has been an increase in demand for eggs after the bird flu was confirmed in Indiana and more than 250,000 turkeys were killed to avoid the disease. This caused the stock price of Cal-Maine Foods to rise.
Performance of Cal-Maine Foods in fiscal 2Q16 Cal-Maine Foods reported fiscal 2Q16 net sales of $546.0 million, a rise of 44.2% compared to its net sales of $378.6 million in fiscal 2Q15. A dozen eggs produced and sold rose by 0.26% and 1.5%, respectively, in fiscal 2Q16 compared to the prior year’s period. The company’s gross profit margin rose by 58.3% in fiscal 2Q16 compared to fiscal 2Q15.
The company’s net income and EPS (earnings per share) rose to $109.2 million and $2.26, respectively, in fiscal 2Q16, compared to $36.6 million and $0.76, respectively, in fiscal 2Q15.作者:
blade 時間: 2016-1-21 22:11
http://finance.yahoo.com/news/post-earnings-coverage-cal-maine-131500740.html
Cal-Maine stated that following the 2015 avian influenza (AI)-related laying hen losses, USDA data demonstrated that the egg industry has repopulated farms with laying hen numbers beginning to approach pre-AI levels. As per the Company, the market demand trends have not kept pace with the higher production levels. While retail customer demand has been steady, egg export demand has not fully recovered following the aftermath of the AI outbreak. Cal-Maine noted that it also experienced reduced demand for egg products, as many commercial customers reformulated their products to use fewer eggs when prices spiked, and have been slow to resume previous egg usage. Together, these factors have created an oversupply of eggs, and prices have declined drastically from the record high levels last year. For Q2 FY17, the Company's average customer selling prices were down 50.7% from the same period of FY16.作者:
esther 時間: 2017-1-7 09:36
