CALM

Cal-Maine Foods, Inc. Announces Retirement of Jeff Hardin

Retrieved on: 
Thursday, April 4, 2024

Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced that Jeff Hardin, Senior Vice President of Sales, is retiring from his position with the Company, effective July 23, 2024.

Key Points: 
  • Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced that Jeff Hardin, Senior Vice President of Sales, is retiring from his position with the Company, effective July 23, 2024.
  • Scott Hull, Vice President of Sales, will assume the executive officer role previously held by Hardin, effectively immediately.
  • Hardin will continue to work with Hull through the transition period until his official retirement date.
  • Hardin joined Cal-Maine Foods in 1988 and was named Vice President of Sales in 2002.

Cal-Maine Foods, Inc. Reports Positive Test Result for Avian Influenza at Texas Facility

Retrieved on: 
Tuesday, April 2, 2024

Production at the facility has temporarily ceased as the Company follows the protocols prescribed by the USDA.

Key Points: 
  • Production at the facility has temporarily ceased as the Company follows the protocols prescribed by the USDA.
  • Cal-Maine Foods is working to secure production from other facilities to minimize disruption to its customers.
  • The Company remains dedicated to robust biosecurity programs across its locations; however, no farm is immune from HPAI.
  • The APHIS division of the USDA and individual states track and publicly report individual incidents of HPAI by location.

Cal-Maine Foods Reports Results for Third Quarter Fiscal 2024

Retrieved on: 
Tuesday, April 2, 2024

Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or the “Company”), the largest producer and distributor of fresh shell eggs in the United States, today reported results for the third quarter of fiscal 2024 (thirteen weeks) ended March 2, 2024.

Key Points: 
  • Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or the “Company”), the largest producer and distributor of fresh shell eggs in the United States, today reported results for the third quarter of fiscal 2024 (thirteen weeks) ended March 2, 2024.
  • “The net average selling price per dozen was $2.152 for conventional eggs in the third quarter of fiscal 2024, down 41.5% compared with $3.678 for the prior-year quarter.
  • For the third quarter of fiscal 2024, feed costs per dozen were down 19.9% compared with the third quarter of fiscal 2023.
  • Soybean meal supply has remained tight relative to demand in the third quarter of fiscal 2024.”

Cal-Maine Foods, Inc. Announces Release Date for Third Quarter Fiscal 2024 Results

Retrieved on: 
Tuesday, March 19, 2024

Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced that the Company will release its third quarter fiscal 2024 financial results on Tuesday, April 2, 2024.

Key Points: 
  • Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced that the Company will release its third quarter fiscal 2024 financial results on Tuesday, April 2, 2024.
  • A press release will be issued after the close of market trading.
  • Cal-Maine Foods, Inc. is primarily engaged in the production, grading, packaging, marketing and distribution of fresh shell eggs, including conventional, cage-free, organic, brown, free-range, pasture-raised and nutritionally enhanced eggs.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20240319716572/en/

Cal-Maine Foods, Inc. Completes Acquisition of Assets from Tyson Foods, Inc.

Retrieved on: 
Thursday, March 14, 2024

The Company plans to remodel and repurpose the assets for use in shell egg and egg products production.

Key Points: 
  • The Company plans to remodel and repurpose the assets for use in shell egg and egg products production.
  • We intend to partner with the existing strong network of local contract growers who can support our shell egg production capabilities.
  • Dexter’s central geographic location and strong work force will enhance our supply and distribution capabilities for customers in Missouri and surrounding markets.
  • We look forward to the new production opportunities, including the potential for additional free-range capacity, in this new community and market for Cal-Maine Foods.”

TRANSFORM YOUR SHOWER EXPERIENCE WITH NEW VEGAN BODY WASH FROM BELOVED BY LOVE BEAUTY AND PLANET

Retrieved on: 
Thursday, March 21, 2024

ENGLEWOOD CLIFFS, N.J., March 21, 2024 /PRNewswire/ -- Vegan beauty brand BELOVED by Love Beauty and Planet is changing the way you shower. With the introduction of the new Vegan Body Wash Collection, showers can now be as relaxing and rejuvenating as a soak in the tub. Our body washes have been expertly crafted with skin-loving formulas and mood-transforming scents. Each of our unique fragrances was biometrically tested through a brain-mapping technology that matches each fragrance with lifestyle activities in a similar mood space. 

Key Points: 
  • The new Skin-loving range features six new vegan body washes infused with uplifting aromas that help transform your mood in just one shower.
  • ENGLEWOOD CLIFFS, N.J., March 21, 2024 /PRNewswire/ -- Vegan beauty brand BELOVED by Love Beauty and Planet is changing the way you shower.
  • With the introduction of the new Vegan Body Wash Collection, showers can now be as relaxing and rejuvenating as a soak in the tub.
  • With the introduction of our new vegan body washes, your shower can be a mood-transforming experience.

Genomenon Presents Study Identifying 11,000 Gene Disease Relationships Across the Clinical Exome at the ACMG Annual Clinical Genetics Meeting

Retrieved on: 
Thursday, March 14, 2024

ANN ARBOR, Mich., March 14, 2024 /PRNewswire-PRWeb/ -- Genomenon, a leading genomic intelligence company, presented data at the ACMG Annual Clinical Genetics Meeting today demonstrating how computational indexing of millions of published abstracts and full-text references combined with a systematic literature review can be used to rapidly and accurately characterize gene-disease relationships (GDRs) and to resolve variants of uncertain significance (VUS). The study was completed in less than six months and identified 10,745 germline GDRs and 5,973 germline GDRs with positive associations between a disease and gene. Each GDR is accompanied by well-documented scientific evidence curated by Genomenon's team of genetic scientists. Today's presentation shares a milestone in the company's mission to curate the human genome and understand the pathogenicity of any variant for patient diagnosis and precision medicine development.

Key Points: 
  • The study was completed in less than six months and identified 10,745 germline GDRs and 5,973 germline GDRs with positive associations between a disease and gene.
  • This need is underscored by the fact that the number of VUS's is growing exponentially due to increased genetic testing and sequencing.
  • The study used a literature-based approach that     gathered variants through Genomenon's Mastermind Genomic Intelligence Platform and variant databases.
  • The study demonstrated that there is only a 27% match of genetic variants listed in current databases and those found in the literature.

Rasa Raises $30 Million Series C Co-led by StepStone Group and PayPal Ventures, Andreessen Horowitz, Accel and Basis Set Ventures for Enterprise Conversational AI

Retrieved on: 
Wednesday, February 14, 2024

Rasa , the leading generative conversational AI platform today announced the completion of its $30 million Series C funding round, co-led by StepStone Group and PayPal Ventures, with participation from Andreessen Horowitz (a16z), Accel, and Basis Set Ventures.

Key Points: 
  • Rasa , the leading generative conversational AI platform today announced the completion of its $30 million Series C funding round, co-led by StepStone Group and PayPal Ventures, with participation from Andreessen Horowitz (a16z), Accel, and Basis Set Ventures.
  • We will use the funding to advance our technological leadership and strengthen our market presence.”
    Dr. Alan Nichol, Rasa Co-Founder and CTO, added, “At Rasa we’ve reinvented how conversational AI works.
  • Rasa powers sophisticated and robust AI assistants aligned with customers’ business logic that provide meaningful and practical user engagement.
  • “We are thrilled to mark the launch of our AI Fund with our investment in Rasa,” said Alan Du, PayPal Ventures partner.

Cal-Maine Foods Reports Results for Second Quarter Fiscal 2024

Retrieved on: 
Wednesday, January 3, 2024

Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or the “Company”), the largest producer and distributor of fresh shell eggs in the United States, today reported results for the second quarter of fiscal 2024 (thirteen weeks) ended December 2, 2023.

Key Points: 
  • Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or the “Company”), the largest producer and distributor of fresh shell eggs in the United States, today reported results for the second quarter of fiscal 2024 (thirteen weeks) ended December 2, 2023.
  • “Net income attributable to Cal-Maine Foods, Inc. for the second quarter of fiscal 2024 was $17.0 million, or $0.35 per diluted share, compared with $198.6 million, or $4.07 per diluted share, for the second quarter of fiscal 2023.
  • Cage-free eggs accounted for approximately 30.4% of shell egg revenue for the second quarter of fiscal 2024.
  • Soybean meal supply has remained tight relative to demand in the second quarter of fiscal 2024.”

Cal-Maine Foods, Inc. Announces a Definitive Agreement to Acquire Shuttered Broiler Processing Assets in Dexter, Missouri, From Tyson Foods, Inc.

Retrieved on: 
Friday, December 29, 2023

The Company plans to repurpose the assets for use in egg and egg products production.

Key Points: 
  • The Company plans to repurpose the assets for use in egg and egg products production.
  • Cal-Maine Foods expects to close the transaction in its third fiscal quarter.
  • Cal-Maine Foods will initially convert the broiler processing plant to an egg grading facility.
  • This transaction is consistent with our growth strategy to expand our business through selective acquisitions in addition to our organic growth initiatives.