Filing Flows › Cal-Maine Foods (CALM) › Q1 FY27
Cal-Maine Foods (CALM) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Sep 30, 2026
Cal-Maine Foods (CALM) reported revenue of $540M for the first quarter fiscal 2027 (Q1 FY27), -42% from a year earlier and -2% from the quarter before. Operating margin was -15.2%, net loss $56.2M (10.4% of revenue).
Cal-Maine Foods, Q1 FY27: revenue $540M (-42% year over year), operating margin -15.2%, net loss $56.2M, operating cash flow −$101M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $540M | -2% | -42% |
| Operating profit | −$82.2M | — | -133% |
| Net earnings | −$56.2M | — | -128% |
| Operating cash flow | −$101M | -3681% | -136% |
What changed
Revenue was $539.6M in Q1 FY27, down 42% year over year and down 2% from the previous quarter. Retail was the largest line at 82% of revenue. Retail lost $287.7M year over year (down 39%), 75% of the total change.
Gross margin was 0.1%, down 33.7 points from Q1 FY26. Operating costs exceeded revenue by $82.2M, an operating margin of -15.2%. Operating expenses grew 33% against a revenue fall of 42%. The quarter ended with a net loss of $56.2M, wider than the previous quarter's $35.0M loss.
Operating cash flow was −$101.4M. Non-cash charges added back $33.5M of depreciation and amortization. Working capital and other items used $78.7M. Capital expenditures of $26.6M exceeded it, leaving free cash flow of −$128.0M.
Questions
What was Cal-Maine Foods' revenue in the first quarter fiscal 2027?
Cal-Maine Foods (CALM) reported revenue of $540M for the first quarter fiscal 2027 (Q1 FY27), -42% from a year earlier and -2% from the quarter before.
Was Cal-Maine Foods profitable in the first quarter fiscal 2027?
Operating loss was $82.2M (-15.2% of revenue) and net loss $56.2M.
Source: Cal-Maine Foods 10-Q on SEC EDGAR.