Inflation: Grocery prices reaccelerate, now 24% higher than pre-pandemic [Yahoo! Finance]
Cal-Maine Foods, Inc. (CALM)
Last cal-maine foods, inc. earnings: 1/5 06:30 am
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Source: Yahoo! Finance
The cost of groceries remained flat in March and are up 1.2.% year-over-year, according to the latest data from the Bureau of Labor Statistics. This is the first month of year-over-year acceleration in US grocery prices since August 2022, breaking an 18-month streak of declaration, per a note from J.P. Morgan analyst Ken Goldman. Since COVID began in March 2020, the cost of food at home has jumped 24.6%. But the cost of dining out continues to grow at a higher pace, due to persistent labor inflation , higher commodities costs, and other reasons. Since COVID, the price to dine out has increased 25.6%. In March, meals at restaurants and bars cost 4.2% more than a year ago, though it's the smallest 12-month change since June 2021, per BLS economist Steve Reed. Price are up 0.3% compared to February. Reed said that restaurant prices have been "a little bit slower to decelerate, but it has, sort of, finally been decelerating recently." Consumers are still paying up, Wells Fargo
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News
- Income Investors Should Know That Cal-Maine Foods, Inc. (NASDAQ:CALM) Goes Ex-Dividend Soon [Yahoo! Finance]Yahoo! Finance
- Bird flu outbreak is driving up egg prices — again [CBS News]CBS News
- Bird flu resurgence drives up egg prices, spurring some to stock up [CNBC]CNBC
- Are Basic Materials Stocks Lagging CalMaine Foods (CALM) This Year? [Yahoo! Finance]Yahoo! Finance
- Cal-Maine Foods, Inc. to Participate in Burkenroad Reports Investment ConferenceBusiness Wire
CALM
Earnings
- 10/3/23 - Beat
CALM
Sec Filings
- 4/5/24 - Form 3
- 4/4/24 - Form 8-K
- 4/2/24 - Form 10-Q
- CALM's page on the SEC website