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Stock impact report

Cal-Maine Foods, Inc. Issues Response to Texas Attorney General

Cal-Maine Foods, Inc. (CALM) 
Last cal-maine foods, inc. earnings: 1/5 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: calmainefoods.com/investors
Company Research Source: Business Wire
JACKSON, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) today issued the following response to a state of Texas lawsuit alleging that the Company has engaged in price-gouging during the COVID-19 pandemic:Cal-Maine Foods strongly denies these allegations and will vigorously defend itself against the lawsuit.Cal-Maine has not exploited this tragic national pandemic for gain. Cal-Maine Foods is the largest producer and distributor of fresh shell eggs in the United States and sells the majority of its shell eggs in states across the southwestern, southeastern, mid-western and mid-Atlantic regions. The Company’s 3,490+ employees have worked hard during this crisis to meet increased consumer demand. In doing so, Cal-Maine Foods has not changed its longstanding approach to pricing. Any allegation to the contrary is simply not true.There has always been great volatility in the egg pricing market. The COVID-19 pandemic caused a massive disruption in every sector of the econom Show less Read more
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