0740 ET - Cal-Maine is doubling down on prepared foods, which saw sales surge in the recent quarter thanks to a recent acquisition. "I'm proud to share that our acquisition of Echo Lake Foods is on track to exceed every financial and operational expectation set at the time of the transaction," CEO Sherman Miller says in Cal-Maine's earnings release. "Building on that strong performance, we are investing an incremental $14.8 million in a new high-speed pancake production line at our Burlington, Wisconsin facility to capture accelerating customer demand." The expansion will add 12 million pounds of annual pancake capacity, which Miller says will materially enhance Cal-Maine's operational capabilities and position the company for sustainable growth in the frozen breakfast category. Shares slip 6.3% after logging lower-than-expected F1Q profit and revenue. (connor.hart@wsj.com)
(END) Dow Jones Newswires
October 01, 2025 07:40 ET (11:40 GMT)
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