Cal-Maine Foods revenue jumps eightfold, gross sales greater than double as egg costs rise

Cal-Maine Foods Inc. on Tuesday reported that gross sales greater than doubled and its revenue elevated eightfold within the third quarter, as costs for eggs rose considerably and at the same time as avian chicken flu continued to have an effect on egg manufacturing.

Cal-Maine Foods CALM shares rose about 4% after hours, after falling 1.8% within the common session to shut at $54.27, as its outcomes beat Wall Street expectations.

The…