date:Jan 04, 2013
US-based egg producer Cal-Maine Foods has reported that its net income for the second quarter of fiscal 2013 decreased by 38.6% to $14.3m, compared to $23.3m in the same period in the previous year, due to higher costs of feed ingredients.
Sales totalled $328.9m, up from $290.4m in the previous year, reflecting a 9.1% growth in dozens sold and a 4% increase in average selling prices compared with the second quarter of fiscal 2012.
Cal-Maine Foods chairman, president and chief executive officer