| Business Summary | | Cal-Maine
Foods,
Inc.
produces,
cleans,
grades
and
packages
fresh
shell
eggs
for
sale
to
shell
egg
retailers.
In
addition,
the
Company
produces
specialty
eggs
such
as
Eggo
land's
Best
and
Farmhouse
eggs,
and
has
livestock
operations
that
sell
milk
and
cattle.
Sales
of
shell
eggs
primarily
are
made
to
national
and
regional
supermarket
chains
that
buy
direct
from
the
Company.
In
fiscal
2000,
the
Company
sold
526
million
dozen
shell
eggs.
The
Company
markets
the
majority
of
its
eggs
in
26
states,
primarily
in
the
southwestern,
southeastern,
mid-western
and
mid-Atlantic
regions
of
the
United
States. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CALM
is
engaged
in
the
production,
cleaning,
grading,
packing,
and
sale
of
fresh
eggs
and
in
the
manufacture
and
sale
of
egg
products.
For
the
fiscal
year
ended
6/2/01,
net
sales
rose
25%
to
$358.4
million.
Net
income
totaled
$6.8
million
vs.
a
loss
of
$17.4
million.
Revenues
reflect
increased
dozens
sold
and
higher
selling
prices
of
shell
eggs
due
to
higher
demand.
Net
income
also
reflects
improved
gross
margins
and
an
increase
in
other
income. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Fred Adams, Jr., 68 Chairman
and CEO | $608K | Adolphus Baker, 43 Pres,
COO | 264K | Richard Looper, 73 Vice
Chairman | 366K | Jack Self, 69 VP
of Operations and Production | -- | Bobby Raines, 67 VP,
CFO, Treasurer, Sec. | 263K | Dollar amounts are as of 3-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|