CAL-MAINE FOODS INC

Condensed Consolidated Balance

Sheets

(In thousands, except for par value

amounts)

Assets

Current assets:

Cash and cash equivalents

$

392,159

$

499,392

Investment securities available-for-sale

759,768

892,708

Trade and other receivables, net

185,176

259,304

Income tax receivable

49,722

13,057

Inventories

348,910

295,670

Prepaid expenses and other current

assets

13,751

7,979

Total current assets

1,749,486

1,968,110

Property, plant & equipment, net

1,221,162

1,026,684

Investments in unconsolidated entities

9,182

11,095

87,059

46,776

Intangible assets, net

53,361

15,157

Other long-term assets

19,011

16,797

Total Assets

$

3,139,261

$

3,084,619

Liabilities and Stockholders’

Equity

Current liabilities:

Accounts payable

$

106,494

$

101,033

Accrued wages and benefits

36,618

60,263

Dividends payable

16,841

114,163

Accrued expenses and other

53,025

32,912

Total current liabilities

212,978

308,371

Other noncurrent liabilities

34,625

55,582

Deferred income taxes, net

184,526

154,651

Total liabilities

432,129

518,604

Commitments and contingencies - see

Note 10

—

—

Stockholders’ equity:

Common stock ($

0.01

par value) - authorized

120,000

shares, issued

75,061

shares

Paid-in capital

84,382

80,845

Retained earnings

2,565,928

Accumulated other comprehensive

income (loss), net of tax

1,404

(1,007)

Common stock in treasury at cost –

27,686

shares at February 28, 2026 and

26,567

shares at May 31, 2025

(85,893)

Total Cal-Maine Foods, Inc. stockholders’ equity

2,700,168

2,560,624

Noncontrolling interest in consolidated

entity

6,964

5,391

Total stockholders’ equity

2,566,015

Total Liabilities and Stockholders’ Equity

$

3,139,261

$

3,084,619

Index