Filing Flows › Cal-Maine Foods (CALM) › Q3 FY25
Cal-Maine Foods (CALM) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Apr 8, 2025
Cal-Maine Foods (CALM) reported revenue of $1.4B for the third quarter fiscal 2025 (Q3 FY25), +102% from a year earlier and +48% from the quarter before. Operating margin was 44.8%, net earnings $508M (35.8% of revenue).
Cal-Maine Foods, Q3 FY25: revenue $1.4B (+102% year over year), operating margin 44.8%, net earnings $508M, operating cash flow $572M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | +48% | +102% |
| Gross profit | $716M | +101% | +228% |
| Operating profit | $636M | +129% | +290% |
| Net earnings | $508M | +133% | +247% |
| Operating cash flow | $572M | +366% | +249% |
| Free cash flow | $522M | +462% | +290% |
What changed
Revenue was $1.4B in Q3 FY25, up 102% year over year and up 48% from the previous quarter. Non-Specialty Shell Egg Sales was the largest line at 72% of revenue. Non-Specialty Shell Egg Sales added $0.60B year over year (up 146%), 84% of the total change.
Gross margin was 50.5%, up 19.4 points from a year earlier. Operating profit was $0.64B, a 44.8% margin (up 21.7 points year over year). Of the extra revenue versus a year earlier, 66% reached operating profit, above the 23% margin then. Operating expenses grew 44% against revenue growth of 102%. Net earnings were $0.51B, up 247% year over year. The effective tax rate was 23.4%.
Operating cash flow was $0.57B (up 249% year over year), 112% of net earnings. Non-cash charges added back $0.02B of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items added $0.04B. Capital expenditures of $0.05B left free cash flow of $0.52B.
Questions
What was Cal-Maine Foods' revenue in the third quarter fiscal 2025?
Cal-Maine Foods (CALM) reported revenue of $1.4B for the third quarter fiscal 2025 (Q3 FY25), +102% from a year earlier and +48% from the quarter before.
Was Cal-Maine Foods profitable in the third quarter fiscal 2025?
Operating profit was $636M (44.8% of revenue) and net earnings $508M.
Source: Cal-Maine Foods 10-Q on SEC EDGAR.