Cal-Maine Foods, Inc. Reports Positive Test Result for Avian Influenza at Texas Facility
02 Aprile 2024 - 6:09PM
Business Wire
Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or
“Company”) today reported that one of the Company’s facilities
located in Parmer County, Texas, tested positive for highly
pathogenic avian influenza (“HPAI”), resulting in depopulation of
approximately 1.6 million laying hens and 337,000 pullets, or
approximately 3.6% of the Company’s total flock as of March 2,
2024. Production at the facility has temporarily ceased as the
Company follows the protocols prescribed by the USDA. Cal-Maine
Foods is working to secure production from other facilities to
minimize disruption to its customers.
The Company remains dedicated to robust biosecurity programs
across its locations; however, no farm is immune from HPAI. HPAI is
still present in the wild bird population and the extent of
possible future outbreaks, with heightened risk during the
migration seasons, cannot be predicted. According to the U.S.
Centers for Disease Control and Prevention, the human health risk
to the U.S. public from HPAI viruses is considered to be low. Also,
according to the USDA, HPAI cannot be transmitted through safely
handled and properly cooked eggs. There is no known risk related to
HPAI associated with eggs that are currently in the market and no
eggs have been recalled.
The Company continues to work closely with federal, state and
local government officials and focused industry groups to mitigate
the risk of future outbreaks and effectively manage the
response.
The APHIS division of the USDA and individual states track and
publicly report individual incidents of HPAI by location. The
Company will provide updated information in its next quarterly
report to be filed with the Securities and Exchange Commission and
does not expect to provide interim updates unless material.
About Cal-Maine Foods
Cal-Maine Foods, Inc. is primarily engaged in the production,
grading, packing, marketing and sale of fresh shell eggs, including
conventional, cage-free, organic, pasture-raised, free-range and
nutritionally enhanced eggs. The Company, which is headquartered in
Ridgeland, Mississippi, 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 of the United States.
Forward Looking Statements
Statements contained in this press release that are not
historical facts are forward-looking statements as that term is
defined in the Private Securities Litigation Reform Act of 1995.
The forward-looking statements are based on management’s current
intent, belief, expectations, estimates and projections regarding
our company and our industry. These statements are not guarantees
of future performance and involve risks, uncertainties, assumptions
and other factors that are difficult to predict and may be beyond
our control. The factors that could cause actual results to differ
materially from those projected in the forward-looking statements
include, among others, (i) the risk factors set forth in the
Company’s SEC filings (including its Annual Reports on Form 10-K,
Quarterly Reports on Form 10-Q and Current Reports on Form 8-K),
(ii) the risks and hazards inherent in the shell egg business
(including disease, pests, weather conditions and potential for
recall), including but not limited to the most recent outbreak of
highly pathogenic avian influenza affecting poultry in the U.S.,
Canada and other countries that was first detected in commercial
flocks in the U.S. in February 2022, (iii) changes in the demand
for and market prices of shell eggs and feed costs, (iv) our
ability to predict and meet demand for cage-free and other
specialty eggs, (v) risks, changes or obligations that could result
from our future acquisition of new flocks or businesses and risks
or changes that may cause conditions to completing a pending
acquisition not to be met, (vi) risks relating to increased costs
and higher and potentially further increases in inflation and
interest rates, which began in response to market conditions caused
in part by the COVID-19 pandemic and which generally have been
exacerbated by the Russia-Ukraine war that began in February 2022,
(vii) our ability to retain existing customers, acquire new
customers and grow our product mix, and (viii) adverse results in
pending litigation matters. SEC filings may be obtained from the
SEC or the Company’s website, www.calmainefoods.com. Readers are
cautioned not to place undue reliance on forward-looking statements
because, while we believe the assumptions on which the
forward-looking statements are based are reasonable, there can be
no assurance that these forward-looking statements will prove to be
accurate. Further, the forward-looking statements included herein
are only made as of the respective dates thereof, or if no date is
stated, as of the date hereof. Except as otherwise required by law,
we disclaim any intent or obligation to publicly update these
forward-looking statements, whether as a result of new information,
future events or otherwise.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240402477697/en/
Sherman Miller, President and CEO Max P. Bowman, Vice President
and CFO (601) 948-6813
Grafico Azioni Cal Maine Foods (NASDAQ:CALM)
Storico
Da Gen 2025 a Feb 2025
Grafico Azioni Cal Maine Foods (NASDAQ:CALM)
Storico
Da Feb 2024 a Feb 2025