Investor Presentaiton
Citations (1/2)
Slide 7 - Leading global egg producer and distributor
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Data from WATT Poultry. US company data from “The US egg producer's ranking for 2023". International company data from "The world's top 10 egg producers."
Eggland's Best franchise territory includes Land O'Lakes market areas and includes investment in unconsolidated entity
Slide 8 - Fully integrated operations allow for scaled production and distribution capacity
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Company filings and research
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Cal-Maine brands include Farmhouse, SunUps, and Sunny Meadows
Slide 9 - Blue-chip customer base reduces revenue concentration risk
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Data as of fiscal Q2 2024 unless noted. For more information about our revenue concentration, please review our most recent Form 10-Q and Form 10-K.
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Company filings and other public disclosures. Specialty sales are classified as nutritionally enhanced, cage-free, organic, brown, pasture-raised and free-range eggs.
3) Represents percent of net shell egg sales and excludes Other sales, including hard-cooked eggs, hatching eggs, other egg products, hens and manure, which are included with our shell egg operations
Slide 14 - Eggs have enjoyed secular tailwinds in the U.S.
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Numerator Shopper Metrics, Major Category Eggs, Any Store, Total Commerce, Channels: Online, Food, Mass, Dollar, Drug, Club, Military. Latest 52 Weeks Ending 12-03-23
Proposed U.S. Food and Drug Administration (FDA) definition, 90-day comment period before final ruling
Company filings and research
The USDA calculates per capita consumption by dividing total shell egg disappearance in the U.S. by the U.S. population.
Slide 15 - Customer preferences are changing, and state mandates accelerate the shift
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LEAP Market Analytics. Egg Market Summary and Outlook.
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USDA Egg Market Overview December 29, 2023
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https://worldpopulationreview.com/states
Slide 16 - Meeting evolving retail market needs by driving favorable product choice
https://www.iriworldwide.com/en-us
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Company filings and other public disclosures. Specialty sales are classified as nutritionally enhanced, cage-free, organic, brown, pasture-raised and free-range eggs
Slide 17 - Shell egg industry is fragmented providing consolidation opportunities
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2023 Watt Poultry, "Top 25 US egg producers in 2023", Jan 19, 2023
Slide 21 - Seasoned biosecurity team effectively managing though U.S. HPAI outbreaks
1) U.S. Department of Agriculture Animal and Plant Health Inspection Service (APHIS). Avian Influenza. February 16, 2022. https://www.aphis.usda.gov/aphis/ourfocus/animalhealth/animal-disease-information/avian/avian-influenza
CAL-MAINE FOODS | INVESTOR PRESENTATION | JANUARY 2024
EM
Cal-Maine Foods
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