5 Best Trucking Stocks To Own Right Now: Cal-Maine Foods Inc (CALM)
Cal-Maine Foods, Inc., incorporated on September 10, 1969, is a producer and marketer of shell eggs in the United States. During the fiscal year ended June 1, 2013 (fiscal 2013), the Company sold approximately 948.5 million dozen shell eggs. Its primary business is the production, grading, packaging, marketing and distribution of shell eggs. It sells most of its shell eggs in the southwestern, southeastern, mid-western and mid-Atlantic regions of the United States. The Company markets its shell eggs through its distribution network to a group of customers, including national and regional grocery store chains, club stores, foodservice distributors and egg product manufacturers. It sells shell eggs to a majority of the food retailers in the United States. It is also a producers and marketers of specialty shell eggs in the United States. Specialty shell eggs include cage free and organic eggs. The Company owns 100% of Benton County Foods, LLC. In March 2014, the Company acqui red 50% interests of Delta Egg Farm, LLC from Sunbest Foods of Iowa, Inc., a Moark, LLC affiliate, as result Delta Egg Farm, LLC, is a wholly owned subsidiary of the Company.
The Company markets its specialty shell eggs under various brands, such as Egg-Lands Best, Land O Lake, Farmhouse, and 4-Grain. It also produces specialty eggs, such as Egg-Lands Best, Land O Lake, Farmhouse, and 4-Grain. It has exclusive license agreements to market and distribute Egg-Lands Best specialty shell eggs in major metropolitan areas, including New York City, and a number of states in the southeast and southwest. It markets cage free eggs under its trademarked Farmhouse brand and distribute those shell eggs across the southeast and southwest regions of the United States. It markets organic, all natural, cage-free, vegetarian, and omega-3 eggs under its 4-Grain trademark. It also produces market and distributes private label specialty shell eggs to several cust! omers . Sales of specialty shell eggs accounted for approximately ! 16.4% of its total shell egg dozen volumes during fiscal 2013.
The Companys operations are integrated. At its facilities, it hatches chicks, grows pullets, manufactures feed, and produces and distributes shell eggs. It produces approximately 95% of its chicks in its own hatcheries. It owns breeder facilities producing 18.5 million pullet chicks per year. These pullets are distributed to 42 laying operations around the southwestern, southeastern, mid-western and mid-Atlantic regions of the United States. The facilities produce an average of 1.9 million dozen shell eggs per day and process the shell eggs through grading and packaging without handling by human hands.
Advisors' Opinion:- [By Dividends4Life]
Memberships and Peers: HRL is a member of the S&P 500, a Dividend Aristocrat and a member of the Broad Dividend Achievers Index and a Dividend Champion. The company's peer group includes: Cal-Maine Foods, Inc. (CALM) with a 3.3% yield, Mondelez International, Inc. (MDLZ) with a 1.6% yield and ConAgra Foods, Inc. (CAG) with a 2.7% yield.
source from Top Penny Stocks For 2015:http://www.topstocksforum.com/5-best-trucking-stocks-to-own-right-now.html
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