CAL-MAINE FOODS INC

For the period ended Aug 29, 2026. Filed Sep 30, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Aug 29, 2026 · Filed Sep 30, 2026

CALM$64.60-1.6%Stored close · as of Nov 6, 2026

What changed in Management’s Discussion and Analysis?

Read the current filing

Previous report: 10-Q

Period ended 2026-02-28; filed 2026-04-01.

0001562762-26-000046

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

Current report: 10-Q

Period ended 2026-08-29; filed 2026-09-30.

0001562762-26-000113

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

The baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.

Compared 1594 previous paragraphs and 3141 current paragraphs.

669 unchanged; 3 reworded; 2469 added; 922 removed; 0 previous and 0 current paragraphs rearranged.

Tables are not compared: 0 previous and 0 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.

A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.

Added paragraphs (2469)

Current report

“Management’s

Open paragraph: Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

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Discussion

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and Analysis

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of Financial

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Condition

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and Results of Operations”

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is provided to assist

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readers

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in understanding

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periods

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performance.

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following should

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read

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in conjunction

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with Management’s

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Discussion and

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Analysis of Financial

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Condition

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of Operations

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included in

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Part II Item

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7 of the Company’s

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on Form

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10-K for

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its fiscal year

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ended May

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(the “2026

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Annual

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Report”), and

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the accompanying

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notes

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in Part

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II

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8 of

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Annual

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of this Quarterly

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on Form 10

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-Q (“Quarterly

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This Quarterly

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Report

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Showing the first 40 of 2469 passages. Open the source sections for the rest.

Removed paragraphs (922)

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The following should

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be read in

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conjunction with Management’s

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Discussion and Analysis of

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Financial Condition

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of Operations included in Part II Item 7 of the Company’s

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Annual Report on Form 10-K for its fiscal year ended May 31, 2025

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(the “2025 Annual Report”), and the

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accompanying financial statements and

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notes included in Part II

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Report and in

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of this Quarterly Report on

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Form 10-Q (“Quarterly

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This Quarterly Report contains numerous

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forward-looking statements within the meaning of Section

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27A of the Securities

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Act

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of 1933

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(the “Securities Act”)

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and Section

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21E of

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Securities Exchange Act

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of 1934

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(the “Exchange Act”)

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including potential

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future supply

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future corn

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estimated

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expected construction schedules, projected construction costs, potential future impact on our business of inflation and changing

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projected operating data, including anticipated results of operations and financial condition, and potential future cash returns to

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stockholders including the

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amount of

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any repurchases under our

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share repurchase program.

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Such forward-looking

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projected in the forward-looking statements. The forward-looking statements are based on

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management’s current intent, belief,

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expectations, estimates, and projections regarding the Company

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and its industry.

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These statements are not guarantees of

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Showing the first 40 of 922 passages. Open the source sections for the rest.

Reworded paragraphs (3)

Previous wording

shell egg selling prices, sales volumes and shell egg sales (and have incurred, and

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lower shell egg selling prices, sales volumes and

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within a single fiscal year are

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within a single fiscal year

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retailers go-to-market strategies and how

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retailers go-to-market

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