Cal-Maine Foods, Inc. (CALM) 1997年年度报告「NYSE」.pdf

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1、Cal-Maine Foods,Inc.3320 Woodrow Wilson DrivePost Office Box 2960Jackson,Mississippi 39207calm.ar97 11/15/97 4:11 PM Page 1CAL-MAINE FOODS,INC.1997AnnualReportcalm.ar97 11/17/97 10:12 AM Page 1C o m p a n y P r o f i l eCal-Maine Foods,Inc.is engaged in the production,cleaning,grading,packing and sa

2、le offresh shell eggs and the manufacture and sale of egg products.The Company currently isthe nations largest producer and distributor of fresh shell eggs,with fiscal 1997 sales ofapproximately 380 million dozen shell eggs,representing approximately 7.5%of all shelleggs sold in the United States.Ca

3、l-Maine primarily markets its shell eggs and egg productsin 26 states,chiefly in the southwestern,southeastern,mid-western and mid-Atlantic regionsof the United States.The common shares of Cal-Maine Foods,Inc.are traded on the Nasdaq National Marketunder the symbol CALM.F i n a n c i a l H i g h l i

4、 g h t s(in thousands,except per share amounts and percentage data)May 31,June 1,%19971996ChangeFOR THE FISCAL YEARNet sales$292,526$282,8443%Net income$14,845$10,92536%Net income per common share$1.21$.9429%Weighted average shares outstanding12,28511,5846%AT FISCAL YEAR-ENDWorking capital$45,390$26

5、,74270%Total assets$182,294$149,99122%Total debt(including current portion)$64,436$63,4262%Stockholders equity$74,642$47,90056%C A L-M A I N E F O O D S,I N C.calm.ar97 11/15/97 4:11 PM Page 3To Our Stockholders:I am pleased to report to you on Cal-Mainesoperations for fiscal 1997.For the year ended

6、 May 31,1997,the Companyhad total net sales of$292.5 million and netincome of$14.8 million,or$1.21 per commonshare outstanding.These results compare favor-ably with net sales of$282.8 million and netincome of$10.9 million,or$.94 per commonshare outstanding,for fiscal 1996.The year as a whole was a g