CAL-MAINE FOODS INC

Condensed Consolidated Balance Sheets

(In thousands, except for par value amounts)

Assets

Current assets:

Cash and cash equivalents

$

251,920

$

499,392

Investment securities available-for-sale

892,708

Trade and other receivables, net

242,848

259,304

Income tax receivable

3,073

13,057

Inventories

328,429

295,670

Prepaid expenses and other current assets

19,109

7,979

assets

1,846,854

1,968,110

Property, plant &

equipment, net

1,195,545

1,026,684

Investments in unconsolidated entities

10,905

11,095

75,815

46,776

Intangible assets, net

50,444

15,157

Other long-term assets

16,829

16,797

Total Assets

$

3,196,392

$

3,084,619

Liabilities and Stockholders’ Equity

Current liabilities:

Accounts payable

$

108,771

$

101,033

Accrued wages and benefits

26,328

60,263

Income taxes payable

40,386

—

Dividends payable

66,457

114,163

Accrued expenses and other liabilities

28,009

32,912

269,951

308,371

Other noncurrent liabilities

55,575

55,582

Deferred income taxes, net

168,949

154,651

Total liabilities

494,475

518,604

Commitments and contingencies - see Note 10

—

—

Stockholders’ equity:

Common stock ($

0.01

par value) - authorized

120,000

shares, issued

75,061

shares

Paid-in capital

82,134

80,845

Retained earnings

2,698,811

2,565,928

Accumulated other comprehensive income (loss), net of tax

(1,007)

Common stock in treasury at cost –

26,561

shares at August 30, 2025 and

26,567

shares at May 31, 2025

(85,891)

(85,893)

Total Cal-Maine Foods,

Inc. stockholders’ equity

2,696,759

2,560,624

Noncontrolling interest in consolidated entity

5,158

5,391

Total stockholders’

equity

2,701,917

2,566,015

Total Liabilities and Stockholders’

Equity

$

3,196,392

$

3,084,619

Index