Cal-Maine Foods, Inc. (CALM) 2005年年度报告「NYSE」.pdf

1、2005ANNUAL REPORTColor indicatesCal-Maines major market areas.Cal-Maine Foods,Inc.is primarily engaged in the production,grading,packing and sale of fresh shell eggs.TheCompany,headquartered in Jackson,Mississippi,is the largest producer and distributor of fresh shell eggs in the UnitedStates with f

2、iscal 2005 sales of approximately 575 million dozen shell eggs,representing approximately 13%of all shell eggssold in the United States.Cal-Maine sells the majority of its shell eggs in 28 states across the southwestern,southeastern,mid-western and mid-Atlantic regions of the United States.The commo

3、n shares of Cal-Maine Foods,Inc.are traded on the Nasdaq National Market under the symbol CALM.CAL-MAINE FOODS,INC.CAL-MAINE LOCATIONSArkansasHopeLincolnSearcyGeorgiaGainesvilleHartwellShady DaleKansasChaseKentuckyBremenGuthrieLouisianaHammondPine GroveMississippiEdwardsJackson(Corporate Offices)Men

4、denhallNew MexicoAlbuquerqueNorth CarolinaGreenvilleLouisburgOhioRossburgUnion CityOklahomaWestvilleSouth CarolinaBethuneTennesseeClarksvilleTexasFlatoniaHarwoodIdalouKleselWaelderUtahDelta TO OUR SHAREHOLDERS:Fiscal 2005 was a challenging year for Cal-Maine as market conditions were much less favor

5、able than in the prior year.Net sales were$375.2 million compared with net sales of$572.3 million for fiscal 2004.For the year,we reported a net loss of$10.4 million,or$0.43 per diluted share,compared with net income of$66.4 million,or$2.73 per diluted share,in fiscal 2004.The reduced revenues and n

6、et loss for the year primarily reflect significantly lower egg prices.The total number of dozens of eggs sold was down slightly for the year.The Company purchased approximately 25 percent of the eggs sold from other egg producers,and we were able to realize a normal profit margin on the purchased eg