CAL-MAINE FOODS INC

Condensed Consolidated Balance

Sheets

(In thousands, except for par value

amounts)

Assets

Current assets:

Cash and cash equivalents

$

369,450

$

499,392

Investment securities available-for-sale

769,538

892,708

Trade and other receivables, net

235,377

259,304

Income tax receivable

26,992

13,057

Inventories

340,588

295,670

Prepaid expenses and other current

assets

12,473

7,979

Total current assets

1,754,418

1,968,110

Property, plant & equipment, net

1,218,654

1,026,684

Investments in unconsolidated entities

9,979

11,095

87,059

46,776

Intangible assets, net

55,091

15,157

Other long-term assets

18,863

16,797

Total Assets

$

3,144,064

$

3,084,619

Liabilities and Stockholders’

Equity

Current liabilities:

Accounts payable

$

123,475

$

101,033

Accrued wages and benefits

29,382

60,263

Dividends payable

34,283

114,163

Accrued expenses and other

31,688

32,912

Total current liabilities

218,828

308,371

Other noncurrent liabilities

57,588

55,582

Deferred income taxes, net

169,882

154,651

Total liabilities

446,298

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

83,514

80,845

Retained earnings

2,565,928

Accumulated other comprehensive

income (loss), net of tax

1,326

(1,007)

Common stock in treasury at cost –

27,407

shares at November 29, 2025 and

26,567

shares at May 31, 2025

(85,893)

Total Cal-Maine Foods, Inc. stockholders’ equity

2,691,461

2,560,624

Noncontrolling interest in consolidated

entity

6,305

5,391

Total stockholders’ equity

2,566,015

Total Liabilities and Stockholders’ Equity

$

3,144,064

$

3,084,619

Index