Cal-Maine Foods profit doubles on egg price rise

[MoneyGuy]

LONDON (MarketWatch) -- Cal-Maine Foods said fourth quarter to May 31 net income climbed to $36.6 million, or $1.54 a share, from $18.2 million, or 77 cents a share, as sales climbed to $235.6 million from $169.9 million. The company reported good demand for eggs and strong egg prices. It sees continued strong demand for eggs, a slightly higher, but manageable, egg supply, and further volatility with respect to corn and soybean meal prices.

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[Guru]

Tells me they raised their prices before the energy increase figures hit the books.