Business

Egg company sees 718% profit surge as prices soar

By Samuel Schaffer
Published March 30, 2023 1:20am ET
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Egg company sees 718% profit surge as prices soar
Bird flu wreaked havoc on the price of eggs in 2022, and it looks like the pain will continue well into 2023. | AP File Photo/Virginia Mayo

The largest egg producer in the United States, Cal-Maine Foods, reported more than doubled revenue and a 718% surge in profits last quarter as egg prices soar.

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Food and Beverage Inflation Prices Supply chain