Company Directory - Cal-Maine Foods, Inc.
Company Details - Cal-Maine Foods, Inc.
Cal-Maine Foods, Inc.
WebsiteRidgeland, United States
Cal-Maine Foods, Inc. is a leading producer and marketer of shell eggs, providing high-quality eggs to consumers across the United States. Based in Ridgeland, Mississippi, the company specializes in the production and sale of a variety of egg products while focusing on sustainability and animal welfare.
CCI Score
CCI Score: Cal-Maine Foods, Inc.
-41.01
0.02%
Latest Event
DOJ Probing Cal-Maine Over Price-Fixing Allegations
The U.S. Department of Justice has initiated an investigation into Cal-Maine Foods, Inc. along with other egg industry players for potential price-fixing, a practice that undermines fair competition and consumer trust.
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TOADIE
Cal-Maine Foods, Inc. is currently rated as a Toadie.
Latest Events
- MAR062025
The U.S. Department of Justice has initiated an investigation into Cal-Maine Foods, Inc. along with other egg industry players for potential price-fixing, a practice that undermines fair competition and consumer trust.
-40
Business Practices and Ethical Responsibility
April 7
The DOJ investigation suggests that Cal-Maine may be engaging in unethical business practices. Price-fixing can distort market fairness and harm consumers, reflecting a negative stance under Business Practices and Ethical Responsibility.
DOJ probing Cal-Maine, other egg companies over price-fixing, Capital Forum says
- JUN182024
The National Labor Relations Board docket for Cal-Maine Foods, Inc. lists a Signed Charge Against Employer dated June 18, 2024, along with other filings such as an Appeal Acknowledgment Letter and a Dismissal Letter. This docket activity suggests that the company is facing allegations regarding its labor practices.
-50
Labor Relations and Human Rights Practices
April 7
The presence of a signed charge against the employer on the NLRB docket suggests potential violations of labor rights. This event raises concerns about Cal-Maine Foods, Inc.'s treatment of workers and adherence to fair labor practices, warranting a negative score from an anti-fascist perspective focused on workers’ rights.
- JUN182024
The National Labor Relations Board docket for Cal-Maine Foods, Inc. indicates that a labor dispute case (10-CA-344584) was filed on June 18, 2024. The docket includes a signed charge against the employer, an appeal acknowledgment letter, and a dismissal letter, signaling ongoing issues regarding labor rights and union representation.
-40
Labor Relations and Human Rights Practices
April 7
The NLRB docket details a case filed against Cal-Maine Foods, Inc., including a signed charge against the employer. This indicates potential non-compliance with labor rights and raises concerns about the company's treatment of workers and its adherence to fair labor practices.
- JAN012024
According to OpenSecrets, during the 2024 cycle, Cal-Maine Foods reported $15,534 in political contributions and no reported federal lobbying or outside spending, indicating minimal direct political financial engagement.
+20
Political Contributions and Lobbying Efforts
April 7
Cal-Maine Foods' reported political contributions of $15,534 with no federal lobbying or outside spending in the 2024 cycle demonstrate minimal involvement in direct political financing. This low level of engagement suggests that the company is not actively channeling resources toward potentially authoritarian or far‑right agendas, which is viewed positively from an anti‑fascist perspective.
- NOV252023
A federal jury found Cal-Maine Foods liable for participating in a price-fixing scheme that illegally restricted egg supply and artificially raised prices between 2004 and 2008, as part of a lawsuit brought by major food companies.
-70
Business Practices and Ethical Responsibility
April 7
The verdict against Cal-Maine Foods reflects unethical business practices. The company was found to have engaged in coordinated measures that restricted supply and manipulated market prices, undermining fair competition and consumer welfare. Such behavior falls under poor business practices and ethical responsibility.
- NOV212023
On November 21, 2023, a federal jury ruled that Cal-Maine Foods, along with other major egg producers, participated in a conspiracy to restrict egg supply and drive up prices. The ruling was part of the case Kraft Foods Global Inc. et al. v. United Egg Producers Inc. et al. Cal-Maine Foods defended its actions as part of long-standing animal welfare initiatives responsive to consumer demand, but the verdict raises serious concerns over unethical business practices and economic manipulation.
-80
Business Practices and Ethical Responsibility
April 7
The jury ruling implicates Cal-Maine Foods in a collusive effort to restrict egg supply to artificially elevate prices, reflecting unethical business practices and a disregard for market fairness, which harms consumers and undermines trust.
-70
Economic and Structural Influence
April 7
The collusion to limit supply represents an abuse of market power that has broader economic implications. By engaging in price manipulation, Cal-Maine Foods contributed to artificial market conditions that benefitted a few at the expense of fair economic competition.
- NOV212023
On November 21, 2023, a jury found Cal-Maine Foods, Inc. liable for an alleged conspiracy to inflate egg product prices during the period 2004-2008. While the damages were limited and the company noted victories on some issues, Cal-Maine announced it will contest further damages, reflecting potential unethical business practices that favor profit over consumer fairness.
-80
Business Practices and Ethical Responsibility
April 7
The jury verdict finding Cal-Maine liable for an alleged conspiracy to inflate egg prices indicates a breach in ethical business practices. Such collusive behavior undermines fair market practices and consumer protection, reflecting negatively on corporate responsibility.
Cal-Maine Foods, Inc. Issues Statement on Recent Court Decision
- FEB162023
Senator Elizabeth Warren and Rep. Katie Porter have called on Cal-Maine Foods, among other top egg producers, to explain soaring egg prices amid record profit margins. The lawmakers criticize the company for reporting a 65% increase in profits despite no avian flu cases, raising concerns over price gouging and corporate greed given the firm's significant 20% market share.
-70
Business Practices and Ethical Responsibility
April 7
Cal-Maine Foods reported record profit margins and a 65% increase in profits during a period of skyrocketing egg prices, despite no avian flu cases. This pattern points to potentially exploitative business practices and price gouging, which harm consumers and suggest unethical corporate behavior.
Warren Calls on Top Five Egg Producers to Explain Recent Egg Price Hikes
-30
Economic and Structural Influence
April 7
Cal-Maine Foods controls approximately 20% of the retail egg market, indicating significant market power. This concentration contributes to an environment where a lack of accountability can enable exploitative pricing practices, deepening concerns about economic and structural influence.
Warren Calls on Top Five Egg Producers to Explain Recent Egg Price Hikes
- JAN012013
The EEOC has filed a lawsuit against Cal-Maine Foods, Inc. alleging that an African-American employee was subjected to persistent racial and sexual harassment, as well as retaliation after reporting the abuse. The suit details the use of racial slurs and unwelcome physical contact at the Waelder, Texas facility, reflecting severe lapses in the company’s duty to protect workers.
-90
Labor Relations and Human Rights Practices
April 7
Cal-Maine Foods is accused of allowing a hostile work environment where racial and sexual harassment were prevalent, culminating in retaliation against an employee who reported the misconduct. This incident represents a serious violation of labor rights and human dignity, warranting a strongly negative score under Labor Relations and Human Rights Practices.
EEOC Sues Cal-Maine Foods for Racial and Sexual Harassment, Retaliation
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Corporate Financials
- Revenue
- 2022
- $1.45B
- Total Assets
- 2022
- $1.24B
- Operating Income
- 2022
- $100.00M
- Total Equity
- 2022
- $950.00M
Industries
- 1123
- Poultry and Egg Production
- 3111
- Animal Food Manufacturing
- 3113
- Sugar and Confectionery Product Manufacturing