Cal-Maine Foods (CALM) 10-K 23 Jul 24 2024 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Jun. 01, 2024	Jul. 23, 2024	Dec. 02, 2023
Document Type	10-K
Document Annual Report	true
Document Period End Date	Jun. 01, 2024
Document Transition Report	false
Entity File Number	001-38695
Entity Registrant Name	CAL-MAINE FOODS, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	64-0500378
Entity Address, Address Line One	1052 Highland Colony Pkwy
Entity Address Address Line 2	Suite 200
Entity Address, City or Town	Ridgeland
Entity Address, State or Province	MS
Entity Address, Postal Zip Code	39157
City Area Code	601
Local Phone Number	948-6813
Title of 12(b) Security	Common Stock, $0.01 par value per share
Trading Symbol	CALM
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Document Fin Stmt Error Correction Flag	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 2,076,631,567
Documents Incorporated by Reference	DOCUMENTS INCORPORATED The information called for its 2024 year covered by this report.
Current Fiscal Year End Date	--06-01
Amendment Flag	false
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	FY
Entity Central Index Key	0000016160
Auditor Name	Frost, PLLC
Auditor Firm Id	5348
Auditor Location	Little Rock, Arkansas
Common Stock [Member]
Entity Common Stock, Shares Outstanding		44,238,766
Class A Common Stock [Member]
Entity Common Stock, Shares Outstanding		4,800,000

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 01, 2024	Jun. 03, 2023
Current assets:
Cash and cash equivalents	$ 237,878	$ 292,824
Investment securities available-for-sale	574,499	355,090
Receivables:
Trade receivables, net	138,550	110,980
Income tax receivable	10,459	66,966
Other	13,433	9,267
Total receivables, net	162,442	187,213
Inventories, net	261,782	284,418
Prepaid expenses and other current assets	5,238	5,380
Total current assets	1,241,839	1,124,925
Property, plant & equipment, net	857,234	744,540
Investments in unconsolidated entities	11,195	14,449
Goodwill	45,776	44,006
Intangible assets, net	15,996	15,897
Other long-term assets	12,721	10,708
Total assets	2,184,761	1,954,525
Current liabilities:
Trade accounts payable	75,862	82,590
Dividends payable	37,760	37,130
Accrued wages and benefits	32,971	38,733
Income tax payable	43,348	8,288
Accrued expenses and other liabilities	37,802	15,990
Total current liabilities	227,743	182,731
Other noncurrent liabilities	17,109	9,999
Deferred income taxes	142,866	152,212
Total liabilities	387,718	344,942
Commitments and contingencies - see Note 16
Stockholders' equity:
Paid-in capital	76,371	72,112
Retained earnings	1,756,395	1,571,112
Accumulated other comprehensive loss, net of tax	(1,773)	(2,886)
Common stock in treasury at cost - 26,022 and 26,077 shares in 2024 and 2023, respectively	(31,597)	(30,008)
Total Cal-Maine Foods, Inc. stockholders' equity	1,800,147	1,611,081
Noncontrolling interest in consolidated equity	(3,104)	(1,498)
Total stockholders' equity	1,797,043	1,609,583
Total Liabilities and Stockholders' Equity	2,184,761	1,954,525
Common Stock [Member]
Stockholders' equity:
Common stock	703	703
Class A Convertible Common Stock [Member]
Stockholders' equity:
Common stock	$ 48	$ 48

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares shares in Thousands	Jun. 01, 2024	Jun. 03, 2023
Common stock in treasury (in shares)	26,022	26,077
Common Stock [Member]
Common stock, par value per share (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	120,000	120,000
Common stock, shares issued (in shares)	70,261	70,261
Class A Convertible Common Stock [Member]
Common stock, par value per share (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	4,800	4,800
Common stock, shares issued (in shares)	4,800	4,800

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Jun. 01, 2024	Jun. 03, 2023	May 28, 2022
Consolidated Statements of Income [Abstract]
Net sales	$ 2,326,443	$ 3,146,217	$ 1,777,159
Cost of sales	1,784,872	1,949,760	1,440,100
Gross profit	541,571	1,196,457	337,059
Selling, general and administrative	252,625	232,207	198,631
Gain on involuntary conversions	(23,532)	(3,345)	(5,492)
(Gain) loss on disposal of fixed assets	26	(131)	383
Operating income	312,452	967,726	143,537
Other income (expense):
Interest expense	(549)	(583)	(403)
Interest income	32,275	18,553	988
Patronage dividends	11,331	10,239	10,130
Equity in income of unconsolidated entities	1,420	746	1,943
Other, net	3,042	1,869	9,820
Total other income	47,519	30,824	22,478
Income before income taxes	359,971	998,550	166,015
Income tax expense	83,689	241,818	33,574
Net income	276,282	756,732	132,441
Less: Net loss attributable to noncontrolling interest	(1,606)	(1,292)	(209)
Net income attributable to Cal-Maine Foods, Inc.	$ 277,888	$ 758,024	$ 132,650
Net income per common share:
Basic (in dollars per share)	$ 5.70	$ 15.58	$ 2.73
Diluted (in dollars per share)	$ 5.69	$ 15.52	$ 2.72
Weighted average shares outstanding:
Basic (in shares)	48,717	48,648	48,581
Diluted (in shares)	48,873	48,834	48,734

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Jun. 01, 2024	Jun. 03, 2023	May 28, 2022
Consolidated Statements of Comprehensive Income [Abstract]
Net income	$ 276,282	$ 756,732	$ 132,441
Other comprehensive income (loss), before tax:
Unrealized holding gain (loss) available-for-sale securities, net of reclassification adjustments	1,271	(1,714)	(1,398)
(Increase) decrease in accumulated post-retirement benefits obligation, net of reclassification adjustments	167	(27)	(9)
Other comprehensive income (loss), before tax	1,438	(1,741)	(1,407)
Income tax expense (benefit) related to items of other comprehensive income (loss)	325	(451)	(369)
Other comprehensive income (loss), net of tax	1,113	(1,290)	(1,038)
Comprehensive income	277,395	755,442	131,403
Less: comprehensive loss attributable to the noncontrolling interest	(1,606)	(1,292)	(209)
Comprehensive income attributable to Cal-Maine Foods, Inc.	$ 279,001	$ 756,734	$ 131,612

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock [Member]	Treasury Stock [Member]	Paid In Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Noncontrolling Interest [Member]	Class A Common Stock [Member]	Class A Common Stock [Member] Common Stock [Member]	Class A Common Stock [Member] Retained Earnings [Member]
Beginning balance at May. 29, 2021	$ 1,012,781	$ 703	$ (27,433)	$ 64,044	$ 975,977	$ (558)			$ 48
Balance (in shares) at May. 29, 2021		70,261
Balance (in shares) at May. 29, 2021			26,202						4,800
Stock compensation plan transactions	2,931		$ (1,014)	3,945
Stock compensation plan transactions (in shares)			(81)
Dividends	(38,578)				(38,578)			$ (4,195)		$ (4,195)
Contributions	3						$ 3
Net income (loss)	132,441				132,650		(209)
Other comprehensive income (loss), net of tax	(1,038)					(1,038)
Ending balance at May. 28, 2022	1,104,345	$ 703	$ (28,447)	67,989	1,065,854	(1,596)	(206)		$ 48
Balance (in shares) at May. 28, 2022		70,261
Balance (in shares) at May. 28, 2022			26,121						4,800
Stock compensation plan transactions	2,562		$ (1,561)	4,123
Stock compensation plan transactions (in shares)			(44)
Dividends	(227,993)				(227,993)			(24,773)		(24,773)
Net income (loss)	756,732				758,024		(1,292)
Other comprehensive income (loss), net of tax	(1,290)					(1,290)
Ending balance at Jun. 03, 2023	1,609,583	$ 703	$ (30,008)	72,112	1,571,112	(2,886)	(1,498)		$ 48
Balance (in shares) at Jun. 03, 2023		70,261
Balance (in shares) at Jun. 03, 2023			26,077						4,800
Stock compensation plan transactions	2,670		$ (1,589)	4,259
Stock compensation plan transactions (in shares)			(55)
Dividends	(83,565)				(83,565)			$ (9,040)		$ (9,040)
Net income (loss)	276,282				277,888		(1,606)
Other comprehensive income (loss), net of tax	1,113					1,113
Ending balance at Jun. 01, 2024	$ 1,797,043	$ 703	$ (31,597)	$ 76,371	$ 1,756,395	$ (1,773)	$ (3,104)		$ 48
Balance (in shares) at Jun. 01, 2024		70,261
Balance (in shares) at Jun. 01, 2024			26,022						4,800

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Jun. 01, 2024	Jun. 03, 2023	May 28, 2022
Dividends per share	$ 1.889	$ 5.161	$ 0.874

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jun. 01, 2024	Jun. 03, 2023	May 28, 2022
Cash flows from operating activities:
Net income	$ 276,282	$ 756,732	$ 132,441
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	80,241	72,234	68,395
Deferred income taxes	(9,672)	24,467	5,676
Stock compensation expense, net of amounts paid	4,358	4,205	4,063
Loss on change in fair value contingent consideration	5,500	0	0
Other operating activities, net	(6,908)	(1,491)	(9,099)
Change in operating assets and liabilities, net of effects from acquisitions:
Increase (decrease) in trade receivables	(27,570)	58,129	(88,063)
Increase (decrease) in inventories	28,800	(21,102)	(36,152)
Increase (decrease) in income taxes payable/receivable	91,567	(42,218)	26,056
Increase in accounts payable and current accrued expenses	9,353	14,944	29,993
Decrease in other operating assets and liabilities	(553)	(2,890)	(7,101)
Net cash provided by operating activities	451,398	863,010	126,209
Cash flows from investing activities:
Purchases of investments	(573,565)	(530,781)	(98,243)
Sales of investments	358,932	291,832	92,703
Acquisition of business, net of cash acquired	(53,746)	0	(44,823)
Investment in unconsolidated entities	(363)	(1,673)	(3,000)
Distributions from unconsolidated entities	3,000	1,500	400
Purchases of property, plant and equipment	(147,116)	(136,569)	(72,399)
Net proceeds from insurance settlement - property, plant and equipment	0	0	7,655
Net proceeds from disposal of property, plant and equipment	272	580	686
Net cash used in investing activities	(412,586)	(375,111)	(117,021)
Cash flows from financing activities:
Principal payments on finance lease	(214)	(224)	(215)
Purchase of common stock by treasury	(1,688)	(1,643)	(1,127)
Payments of dividends	(91,856)	(252,292)	(6,117)
Contributions	0	0	3
Net cash used in financing activities	(93,758)	(254,159)	(7,456)
Increase (decrease) in cash and cash equivalents	(54,946)	233,740	1,732
Cash and cash equivalents at beginning of year	292,824	59,084	57,352
Cash and cash equivalents at end of year	237,878	292,824	59,084
Supplemental information:
Income taxes paid	$ 35,101	$ 258,247	$ 1,747

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Jun. 01, 2024
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 1 - Summary of Significant Accounting Policies Nature of Operations Cal-Maine marketing and distribution nutritionally-enhanced distributor of fresh shell eggs in the United States and sells most of its shell eggs throughout Principles of Consolidation The consolidated financial statements include over which we exercise control. All significant intercompany transactions and Fiscal Year The 2022 included 52 53 Use of Estimates The preparation of the consolidated financial statements in conformity in the United States of America requires management to make consolidated financial statements and accompanying notes. Actual results could Cash Equivalents The equivalents. 250,000 . The Company Company has not experienced any loss in such accounts. The Company manages this risk through maintaining cash deposits and other highly liquid investments in high quality financial institutions. We cash, concentration Checks issued, accounts payable. Investment Securities Available-for-Sale The Company because the amounts invested are available for current operations. Available quoted market prices as of the balance sheet date, with unrealized gains and losses recorded in other comprehensive income. The amortized cost of debt securities is adjusted for amortization in interest income. The Company regularly evaluates changes to the rating of conditions value was less than the amortized cost basis. The cost Gains and losses are recognized in other income (expenses) as Other, Interest and dividends on securities classified as available-for-sale Trade Receivables Trade receivables are stated at their carrying reserves for credit losses were $ 490 579 on an minimizes exposure to In determining our as one approximately 26.8 % and 30.1 % of the Company’s trade accounts receivable, Inventories Inventories of eggs, feed, value. The accumulated during a growing period 22 lives of the flocks, generally one two years . As the amortization period of the flocks is relatively short, disclosure of the gross cost and accumulated amortization is omitted. Flock mortality is charged Property, Property, lives, which 15 25 3 12 maintenance are expensed as incurred. property, depreciation are operating conditions occur, asset lives may be adjusted and an impairment assessment may be performed on the recoverability of the carrying amounts. Investments in Unconsolidated Entities The equity method its financial Company’s share of undistributed earnings when impairment, plus or minus observable price changes. Membership in cooperatives are recorded at cost, plus or minus any Goodwill Goodwill evaluated assessment to determine whether a quantitative goodwill test is necessary. After assessing the totality of events or circumstances, if we determine it is additional quantitative tests to determine the magnitude of any impairment. Intangible Assets Intangible assets are non-compete agreements, trademarks and right of use intangibles. They are amortized over their estimated useful lives of 5 15 years. The amortized and occur, asset lives may Indefinite life assets are recorded at fair value in business acquisitions and are reviewed for impairment at least annually or more frequently if Accrued Self Insurance We use a combination of insurance welfare, estimated, in part, by considering claims experience, demographic factors, Dividend Payable We The Company quarter for which the Company reports net income attributable to Cal-Maine an amount following the last day of such quarter, except for the fourth fiscal quarter. shareholders of Following a quarter for which the Company does not report net income not pay a dividend date of the most recent quarter Directors. Treasury Stock Treasury treasury issuance of based compensation plans are credited or charged to paid-in Revenue Recognition The channels. customer performance shipment or delivery to a customer as the Company’s agreements are Revenues are products. The Company periodically offers sales incentives or other programs such as rebates, incentives, guaranteed programs, which of realization of these programs would be recognized the subsequent period. Shipping and Distribution Costs Consolidated Statements 72.7 77.5 62.7 2022, respectively. Income Taxes Income differences income tax purposes. The believes it positions must meet the more-likely-than-not the outcomes Company interest on the portion of the tax benefit not recognized. The Company initially and subsequently measures the largest amount tax benefit relevant expense. Based Company’s consolidated Stock Based Compensation The restricted stock and performance-based shares, in the Consolidated Statements of Note Compensation Plans Business Combinations The Company applies the acquisition and liabilities assumed, the date of acquisition. We the considers the remaining estimated life of the assets acquired and We valuing certain intangible assets include, but rates and useful Gain on Involuntary Conversions The Company fires, hurricanes, indemnity (“HPAI”). birds and eggs market value depopulation and losses property damage, business clean-up and period received or committed when all contingencies associated with the Loss Contingencies Certain conditions may exist as of the date the financial statements are issued that may result in a loss to the Company but which will only be assess contingencies proceedings, the as the perceived merits of the amount of relief sought or expected to be If the assessment can be potentially material loss contingency is nature of the disclosed. Loss nature of the guarantee would be disclosed. The Company expenses the costs of litigation as they are incurred. New Accounting Pronouncements and Policies No new accounting pronouncement issued or effective Consolidated Financial Statements.

Acquisition

Acquisition	12 Months Ended
	Jun. 01, 2024
Acquisition [Abstract]
Acquisition	Note 2 – Acquisition On October 4, 2023 , the commercial processing facilities 1.2 feed mill, Company accounted for the acquisition as a business combination. The following assumed recognized at the acquisition date (in thousands): Cash consideration paid $ 53,746 Fair value of contingent consideration 1,000 Total estimated purchase 54,746 Recognized amounts of identifiable assets acquired and Inventory $ 6,164 Property, plant and equipment 44,540 Intangible assets 2,272 Other long-term assets 143 Liabilities assumed (143) Total identifiable 52,976 Goodwill 1,770 $ 54,746 Inventory consisted value inventory were all valued based on market prices as of September 30, 2023. Property, the assets and subtracting any depreciation resulting from physical deterioration Intangible comparison approach. Contingent acquired three-year acquisition. The fair value of the contingent consideration unobservable inputs that require significant projected assessments reasonably estimated due to market volatility of egg prices. Goodwill represents the excess of the purchase price of the acquired business over the acquisition date fair value of the net assets acquired. integrating the assets of Fassio 1.8 of the acquisition.

Investment Securities Available

Investment Securities Available-for-Sale	12 Months Ended
	Jun. 01, 2024
Investment Securities Available-for-Sale [Abstract]
Investment Securities Available-for-Sale	Note 3 - Investment Securities Available The following presents Proceeds 358.9 291.8 92.7 during fiscal 2024, 2023, 199 51 thousand, and $ 181 8 87 and $ 76 no Actual maturities without penalties. Contractual maturities of investment securities at June Estimated Fair Value Within one year $ 397,917 1-5 years 176,582 Total $ 574,499 June 1, 2024 Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value Municipal bonds $ 4,100 $ — $ 41 $ 4,059 Commercial paper 137,856 — 121 137,735 Corporate bonds 233,289 — 697 232,592 Certificates of deposits 3,505 — 14 3,491 US government and agency obligations 154,520 — 251 154,269 Asset backed securities 3,154 — 30 3,124 Treasury bills 39,239 — 10 39,229 Total current $ 575,663 $ — $ 1,164 $ 574,499 June 3, 2023 Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value Municipal bonds $ 16,571 $ — $ 275 $ 16,296 Commercial paper 56,486 — 77 56,409 Corporate bonds 139,979 — 1,402 138,577 Certificates of deposits 675 — — 675 US government and agency obligations 101,240 — 471 100,769 Asset backed securities 13,459 — 151 13,308 Treasury bills 29,069 — 13 29,056 Total current $ 357,479 $ — $ 2,389 $ 355,090

Fair Value Measures

Fair Value Measures	12 Months Ended
	Jun. 01, 2024
Fair Value Measures [Abstract]
Fair Value Measures	Note 4 - Fair Value The Company hierarchy. The knowledgeable, and willing be paid to transfer the liability to a new obligor in a transaction between such parties, not the amount that would be the liability with the creditor. ● Level 1 ● Level 2 directly or indirectly, o Quoted prices for similar assets or liabilities in active markets o Quoted prices for identical or similar assets in non-active markets o Inputs other than quoted prices that are observable for the asset or liability o Inputs derived principally from or corroborated by other observable market ● Level 3 to the fair value of the assets or liabilities The disclosure of fair value of certain financial assets and liabilities recorded Cash and cash equivalents, accounts receivable, short maturity of these instruments. Assets and Liabilities Measured at Fair In accordance with liabilities that are required to be measured at fair value on a recurring basis as of June 1, 2024 Level 1 Level 2 Level 3 Balance Investment securities available-for-sale Municipal bonds $ — $ 4,059 $ — $ 4,059 Commercial paper — 137,735 — 137,735 Corporate bonds — 232,592 — 232,592 Certificates of deposits — 3,491 — 3,491 US government and agency obligations — 154,269 — 154,269 Asset backed securities — 3,124 — 3,124 Treasury bills — 39,229 — 39,229 Total investment measured at fair value $ — $ 574,499 $ — $ 574,499 Liabilities Contingent consideration — — 6,500 6,500 Total liabilities measured $ — $ — $ 6,500 $ 6,500 June 3, 2023 Level 1 Level 2 Level 3 Balance Investment securities available-for-sale Municipal bonds $ — $ 16,296 $ — $ 16,296 Commercial paper — 56,409 — 56,409 Corporate bonds — 138,577 — 138,577 Certificates of deposits — 675 — 675 US government and agency obligations — 100,769 — 100,769 Asset backed securities — 13,308 — 13,308 Treasury bills — 29,056 — 29,056 Total investment measured at fair value $ — $ 355,090 $ — $ 355,090 Investment securities – available-for-sale are all classified as Level 2 and longer when purchased. Observable inputs for these securities are yields, credit Contingent contingent on the three-year the date of assumptions and capital, egg prices, probability assessments with respect Note 2 - Acquisition . The following table shows the beginning and ending balances in fair value of Adjustments to the fair value of contingent consolidated statements of income. Fassio Contingent Consideration Balance, June 4, 2023 — Acquisition of Fassio $ 1,000 Fair value adjustments 5,500 Balance, June 1, 2024 $ 6,500

Inventories

Inventories	12 Months Ended
	Jun. 01, 2024
Inventories [Abstract]
Inventories	Note 5 - Inventories Inventories consisted of the following (in thousands): June 1, 2024 June 3, 2023 Flocks, net of amortization $ 149,985 $ 164,540 Eggs and egg products 25,217 28,318 Feed and supplies 86,580 91,560 $ 261,782 $ 284,418 We grow and maintain (male and female June 3, 11.8 10.8 39.9 41.2 layers, respectively. The Company expensed amortization and mortality associated with the June 1, 2024 June 3, 2023 May 28, 2022 Amortization $ 198,298 $ 186,973 $ 160,107 Mortality 10,640 10,455 8,011 Total flock costs charged $ 208,938 $ 197,428 $ 168,118

Property, Plant and Equipment

Property, Plant and Equipment	12 Months Ended
	Jun. 01, 2024
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Note 6 - Property, Property, plant and equipment June 1, 2024 June 3, 2023 Land and improvements $ 131,051 $ 117,279 Buildings and improvements 627,121 552,669 Machinery and equipment 782,736 715,205 Construction-in-progress 121,266 98,605 1,662,174 1,483,758 Less: accumulated depreciation 804,940 739,218 $ 857,234 $ 744,540 Depreciation expense 77.2 69.4 65.8 and May 28, 2022, respectively.

Investment in Unconsolidated En

Investment in Unconsolidated Entities	12 Months Ended
	Jun. 01, 2024
Investment in Unconsolidated Entities [Abstract]
Investment in Unconsolidated Entities	Note 7 - Investment in Unconsolidated Entities As 50 % Specialty Eggs, Eggs owns the Egg-Land’s Best franchise for most of Georgia and South Carolina, as and eastern Alabama. Southwest Specialty Eggs owns the Egg-Land’s County, Nevada (including Equity method investments are included Sheets and totaled $ 8.2 9.7 Equity in income of 1.4 746 1.9 in the Consolidated Statements of Income for fiscal 2024, 2023, The consolidated financial information for the Company’s For the fiscal year ended June 1, 2024 June 3, 2023 May 28, 2022 Net sales $ 159,698 $ 222,602 $ 145,281 Net income 2,840 1,492 3,942 Total assets 31,578 27,784 42,971 Total liabilities 15,468 9,854 21,892 Total equity 16,110 17,930 21,079 The following relates to the Company’s For the fiscal year ended June 1, 2024 June 3, 2023 May 28, 2022 Sales to unconsolidated entities $ 100,553 $ 136,351 $ 94,311 Purchases from unconsolidated entities 63,916 75,024 60,016 Distributions from unconsolidated entities 3,000 1,500 400 June 1, 2024 June 3, 2023 Accounts receivable from unconsolidated entities $ 8,490 $ 4,719 Accounts payable to unconsolidated entities 1,233 3,187

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	12 Months Ended
	Jun. 01, 2024
Goodwill and Other Intangible Assets [Abstract]
Goodwill and Other Intangible Assets	Note 8 - Goodwill and Other Intangible Assets Goodwill and other intangibles consisted of the following (in thousands): Other Intangibles Franchise Customer Non-compete Right of Water Total Goodwill rights relationships agreements Use rights Trademark intangibles Balance May 28, 2022 $ 44,006 $ 15,071 $ 1,326 $ 860 $ 18 $ 720 $ 136 $ 62,137 Amortization — (1,657) (356) (152) (18) — (51) (2,234) Balance June 3, 2023 44,006 13,414 970 708 — 720 85 59,903 Additions 1,770 — — 50 — 2,222 — 4,042 Amortization — (1,627) (362) (134) — — (50) (2,173) Balance June 1, 2024 $ 45,776 $ 11,787 $ 608 $ 624 $ — $ 2,942 $ 35 $ 61,772 For the Other Intangibles listed above, the gross carrying amounts and June 1, 2024 June 3, 2023 Gross carrying Accumulated Gross carrying Accumulated amount amortization amount amortization Other intangible assets: Franchise rights $ 29,284 $ (17,497) $ 29,284 $ (15,870) Customer relationships 2,900 (2,292) 9,644 (8,674) Non-compete agreements 1,500 (876) 1,450 (742) Water rights * 2,942 — 720 — Trademark 400 (365) 400 (315) Total $ 37,026 $ (21,030) $ 41,498 $ (25,601) * No significant residual value is estimated for these and 2022 totaled $ 2.2 The following table presents the total estimated amortization of intangible For fiscal year Estimated amortization expense 2025 $ 2,040 2026 1,836 2027 1,833 2028 1,763 2029 1,701 Thereafter 3,881 Total $ 13,054

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Jun. 01, 2024
Employee Benefit Plans [Abstract]
Employee Benefit Plans	Note 9 - Employee Benefit Plans The Company maintains a medical plan that is qualified under Section tax under present income tax laws. The plan is funded by contributions from the Company and its employees. Under its plan, the Company insurance 275,000 incurred but not 23.0 21.9 24.6 and 2022, respectively. 2.8 2.9 1, Consolidated Balance Sheets. The Company Plan at a rate 3 % of participants’ of Directors. Contributions can contributions to the Plan were $ 4.3 4.3 3.9 Company did no t make direct contributions of the Company’s the Company’s Common Stock are paid to the Plan in cash. The Plan acquires the Company’s Common Stock, which is listed on the Nasdaq Global Select Market, markets. The Plan sells Common to contributions. Deferred Compensation Plans The beginning when the officers 65 upon agreements were $ 100 170 170 related to these agreements was $ 844 1.0 within “Other noncurrent liabilities” in the Company’s The December 1, 2021 (the “Amended DC Plan”) to expand eligibility for participation from named officers only to a select group of management or highly participants Amended DC Plan. st or, if earlier, the participant’s attainment of age 60 5 380 thousand, $ 388 340 DC Plan were $ 29 410 480 for the Amended 5.1 4.6 4.5 and is classified within “Other noncurrent liabilities” in the Company’s Deferred compensation 614 346 258 and 2022, respectively. Other Postretirement Employee Benefits The Company employees which time coverage prior to May 1, 2012 and their spouses must participate in Medicare and their spouses must participate in Medicare Plans A, B, and D. The plan is accounted for recognizes the funded status of a defined benefit postretirement plan as status in the year the change occurs through comprehensive income. Additionally, over the employees’ approximate period of employment. The liability associated with the plan was $ 2.6 2.7 at Company’s financial statements. Effective dollar life insurance plan (“Split Dollar Plan”) designed a participants in the SERP are eligible to receive an aggregate retirement benefit of $ 500,000 , which is paid in annual installments of $ 50,000 10 years . A participant five years 20 % per year. If a participant becomes disabled, attains the retirement age of 65, or the Company experiences a change in control, vesting will be 100 %. If their beneficiaries The liability recorded for these plans was $ 298 63 classified within “Other noncurrent liabilities” in the Company’s

Credit Facility

Credit Facility	12 Months Ended
	Jun. 01, 2024
Credit Facility [Abstract]
Credit Facility	Note 10 - Credit Facility For 549 583 403 primarily related to commitment fees on the Credit Facility described below. On May dated November 15, 2021 (as amended, the “Credit Agreement”). interest rate benchmark a successor five -year term. Credit aggregate principal 250 15 credit and a $ 15 consent of BMO 200 million by adding one or more under the No fiscal 2023. 4.7 2024. The Adjusted Term SOFR Rate plus the means with respect to any tenor, (ii) 0.10 % (10 basis then Adjusted 0.00 %. The “Base Rate” means a fluctuating rate per annum 0.50 % per annum, (b) the prime rate of one -month tenor plus 1.00 %. The 0.00 % to 0.75 % per 1.00 % to 1.75 % per SOFR Loans, in date. The 0.15 % to 0.25 % in each case depending upon the Total Funded Debt to Capitalization Ratio for the Company at the quarterly pricing date. The Company (the and the Guarantors’ accounts, payment intangibles, instruments (including promissory notes), chattel paper, inventory (including farm products) and deposit accounts maintained with the Administrative Agent. The incurrence of requires maintenance of two financial covenants: (i) a maximum Total Funded Debt to Capitalization Ratio tested greater than 50 %; and (ii) a requirement to maintain Minimum 700 50 % of net income Additionally, any trust, partnership, similar limited liability 100 % of the voting control foregoing, shall maintain 50 % of the Company's default under the terms of the payment of other dividend Company and its subsidiaries plus availability under the Credit Facility equals at least $ 50 The Credit default, including acceleration Facility. At June 1, 2024, we were in compliance with the covenant requirements of the

Equity

Equity	12 Months Ended
	Jun. 01, 2024
Equity [Abstract]
Equity	Note 11 - Equity The Company has two or Company’s capital stock vote as a single class on all matters submitted to a vote of the stockholders, with each share Stock entitled to one ten of cumulative voting and the same dividend same percentage dividend (payable only in shares of Common Stock) as the holders of Class A Common Stock receive only in shares of Class Stock are entitled to share ratably with in full rights. subdivided payable only to the holders of Class A Common Each share one The Company’s and entities that are permitted to ten converting into shares of Common arrangements and entities such as revocable trusts and limited liability companies that could hold Class A Common Stock benefit of Immediate Family Members. Each Permitted Charter, with a person other the automatically 4,300,000 beneficially owned by Immediate Family 4,600,000 Common Stock Transferees.

Net Income per Common Share

Net Income per Common Share	12 Months Ended
	Jun. 01, 2024
Net Income per Common Share [Abstract]
Net Income per Common Share	Note 12 - Net Income per Common Share Basic net income Common Stock common shares outstanding during the relevant period adjusted for The following table provides a reconciliation of the per common share attributable to Cal-Maine Foods, Inc. (amounts in June 1, 2024 June 3, 2023 May 28, 2022 Numerator Net income $ 276,282 $ 756,732 $ 132,441 Less: Net loss attributable to noncontrolling interest (1,606) (1,292) (209) Net income attributable to Cal-Maine Foods, Inc. $ 277,888 $ 758,024 $ 132,650 Denominator Weighted-average 48,717 48,648 48,581 Effect of dilutive securities of restricted shares 156 186 153 Weighted-average 48,873 48,834 48,734 Net income per common share attributable to Cal-Maine Foods, Inc. Basic $ 5.70 $ 15.58 $ 2.73 Diluted $ 5.69 $ 15.52 $ 2.72

Revenue Recognition

Revenue Recognition	12 Months Ended
	Jun. 01, 2024
Revenue Recognition [Abstract]
Revenue Recognition	Note 13 - Revenue Recognition Net revenue is primarily generated through the sales include specialty and and nutritionally enhanced eggs. Conventional shell eggs sales represent all other shell egg sales not The products are primarily sold to the institutional, foodservice and food manufacturing sectors. Hard-cooked eggs are sold primarily within the foodservice and retail channels. The following table provides revenue disaggregated by product category 13 Weeks Ended 14 Weeks Ended 52 Weeks Ended 53 Weeks Ended June 1, 2024 June 3, 2023 June 1, 2024 June 3, 2023 Conventional shell egg sales $ 372,245 $ 395,433 $ 1,291,743 $ 2,051,961 Specialty shell egg sales 236,786 256,190 925,665 956,993 Egg products 25,015 33,996 89,009 122,270 Other 6,743 3,061 20,026 14,993 $ 640,789 $ 688,680 $ 2,326,443 $ 3,146,217 Our largest customer, Walmart 34.0 %, 34.2 % and 29.5 % of net sales dollars for fiscal 2024, 2023, and 2022, respectively.

Stock Compensation Plans

Stock Compensation Plans	12 Months Ended
	Jun. 01, 2024
Stock Compensation Plans [Abstract]
Stock Compensation Plans	Note 14 - Stock Compensation Plans On Incentive selected individuals who are expected to contribute to our long-term success. The maximum number of available 2,000,000 856,119 authorized employee member of the Company’s or one of our subsidiaries (except for incentive stock options, which may be The only outstanding awards under date, or upon death or no other service disposal, constitutes issued and outstanding shares of the Company’s Common Stock for all of restriction price and is amortized on a straight-line basis over the vesting period. Forfeitures are Total 4.4 4.2 4.1 respectively. Our unrecognized 7.5 7.2 June 3, 2.1 years. A summary of our equity award activity and related information for our Number of Shares Weighted Average Date Fair Value Outstanding, May 28, 2022 317,844 $ 39.12 Granted 84,969 54.10 Vested (98,684) 38.25 Forfeited (9,989) 39.69 Outstanding, June 3, 2023 294,140 $ 43.72 Granted 86,803 54.94 Vested (101,660) 37.82 Forfeited (1,329) 44.68 Outstanding, June 1, 2024 277,954 $ 49.38

Income Taxes

Income Taxes	12 Months Ended
	Jun. 01, 2024
Income Taxes [Abstract]
Income Taxes	Note 15 - Income Taxes Income tax expense consisted of the following: Fiscal year ended June 1, 2024 June 3, 2023 May 28, 2022 Current: Federal $ 83,721 $ 180,521 $ 24,228 State 9,640 36,830 3,670 93,361 217,351 27,898 Deferred: Federal (7,371) 19,952 2,716 State (2,301) 4,515 2,960 (9,672) 24,467 5,676 $ 83,689 $ 241,818 $ 33,574 Significant components of the Company’s June 1, 2024 June 3, 2023 Deferred tax liabilities: Property, plant and equipment $ 120,402 $ 109,590 Inventories 29,297 44,986 Investment in affiliates 904 1,133 Other 6,437 5,702 Total deferred tax 157,040 161,411 Deferred tax assets: Accrued expenses 3,230 3,838 State operating loss carryforwards 22 78 Other comprehensive income 986 1,317 Other 9,936 3,966 Total deferred tax 14,174 9,199 Net deferred tax liabilities $ 142,866 $ 152,212 The differences between income tax expense at the Company’s effective federal income tax rate were as follows: Fiscal year end June 1, 2024 June 3, 2023 May 28, 2022 Statutory federal income tax $ 75,931 $ 209,418 $ 34,907 State income taxes, net 5,798 32,662 5,237 Tax exempt — — (9) Reversal of outside basis in equity investment - Red River — — (7,310) Non-taxable remeasurement gain - Red River — — (955) Other, net 1,960 (262) 1,704 $ 83,689 $ 241,818 $ 33,574 As of no no penalties related to uncertain tax positions. We Service examination by federal and state taxing jurisdictions to which we are

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Jun. 01, 2024
Commitments and Contingencies [Abstract]
Commitments and Contingencies	Note 16 - Commitments and Contingencies State of Texas On April 23, 2020, the Company and its subsidiary Wharton County Foods, LLC (“WCF”) were named as defendants in State of Texas of Harris County, of State claimed emergency and made misleading the Company and WCF to prevent further alleged violations of the DTPA, 100,000 2020, the the State filed a the Company Supreme Court of Texas district court Management believes the risk of material loss related to this matter to be remote. Kraft Foods Global, Inc. et al. v. As previously cases involving plaintiffs who sought remaining plaintiffs until a subsequent settlement was reached as described below, On September 13, 2019, the case with the Egg Products Plaintiffs was remanded from a multi-district litigation proceeding in the United States District Court for 2002, Producers, Inc. et violated Section 1 the prices that plaintiffs paid for processed egg products. In particular, the Egg Products Plaintiffs attacked certain features of the United Egg Producers animal-welfare guidelines and program used by the On October 24, 2019, claims against the of operations. dismissed the Company with prejudice. The trial of this case began Plaintiffs 17.8 liable 53.3 settlements with final and second fiscal quarter 19.6 in the Company’s Condensed Consolidated Condensed reasonably approximately offset the contributions. Our accrual may change in the future in whole or in the defendants, including the Company, filed a motion for judgment as a matter notwithstanding defend the claims asserted by the Egg Products Plaintiffs. State of Oklahoma Watershed Pollution On June against Cal-Maine Foods, Inc. and Tyson Foods, Inc., Cobb-Vantress, Inc., Cargill, Inc., George’s, Simmons Foods, Inc., and certain defendants injunctive relief and monetary damages, but the claim for monetary discontinued operations 100 % of the membership River producers that operate in the area. The non-jury trial in the case began in September 2009 findings of defendants liable for state law nuisance, federal vicariously liable for the actions of on appropriate remedies. On June 12, Deanell Reece Tacha. unsuccessful. Also on October 26, case should be dismissed due to the state record before the On November 2023, management believes estimate the others: uncertainties inherent decision in a the court as to what dismiss before that our share compared to the other defendants is small. Other Matters In addition to outcome of these matters cannot be determined with certainty, management, upon the advice of counsel, final outcome should not have a material effect on the Company’s

Subsequent Events

Subsequent Events	12 Months Ended
	Jun. 01, 2024
Subsequent Events [Abstract]
Subsequent Events	Note 17 – Subsequent Events Effective on June 28, 2024 , the related approximately 4.7 1.0 1.2 4,000 acres distribution and South Carolina. The purchase price was approximately $ 110

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Jun. 01, 2024
Schedule II - Valuation and Qualifying Accounts [Abstract]
Schedule II - Valuation and Qualifying Accounts Disclosure	Description Balance at Beginning of Period Charged to Cost and Expense Write-off of Accounts Balance at End of Period Year Allowance for credit losses $ 579 $ 73 $ 162 $ 490 Year Allowance for credit losses $ 775 $ (148) $ 48 $ 579 Year Allowance for credit losses $ 795 $ 30 $ 50 $ 775

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policy)	12 Months Ended
	Jun. 01, 2024
Summary of Significant Accounting Policies [Abstract]
Nature of Operations	Nature of Operations Cal-Maine marketing and distribution nutritionally-enhanced distributor of fresh shell eggs in the United States and sells most of its shell eggs throughout
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include over which we exercise control. All significant intercompany transactions and
Fiscal Year	Fiscal Year The 2022 included 52 53
Use of Estimates	Use of Estimates The preparation of the consolidated financial statements in conformity in the United States of America requires management to make consolidated financial statements and accompanying notes. Actual results could
Cash Equivalents	Cash Equivalents The equivalents. 250,000 . The Company Company has not experienced any loss in such accounts. The Company manages this risk through maintaining cash deposits and other highly liquid investments in high quality financial institutions. We cash, concentration Checks issued, accounts payable.
Investment Securities Available-for-Sale	Investment Securities Available-for-Sale The Company because the amounts invested are available for current operations. Available quoted market prices as of the balance sheet date, with unrealized gains and losses recorded in other comprehensive income. The amortized cost of debt securities is adjusted for amortization in interest income. The Company regularly evaluates changes to the rating of conditions value was less than the amortized cost basis. The cost Gains and losses are recognized in other income (expenses) as Other, Interest and dividends on securities classified as available-for-sale
Trade Receivables	Trade Receivables Trade receivables are stated at their carrying reserves for credit losses were $ 490 579 on an minimizes exposure to In determining our as one approximately 26.8 % and 30.1 % of the Company’s trade accounts receivable,
Inventories	Inventories Inventories of eggs, feed, value. The accumulated during a growing period 22 lives of the flocks, generally one two years . As the amortization period of the flocks is relatively short, disclosure of the gross cost and accumulated amortization is omitted. Flock mortality is charged
Property, Plant and Equipment	Property, Property, lives, which 15 25 3 12 maintenance are expensed as incurred. property, depreciation are operating conditions occur, asset lives may be adjusted and an impairment assessment may be performed on the recoverability of the carrying amounts.
Investments in Unconsolidated Entities	Investments in Unconsolidated Entities The equity method its financial Company’s share of undistributed earnings when impairment, plus or minus observable price changes. Membership in cooperatives are recorded at cost, plus or minus any
Goodwill	Goodwill Goodwill evaluated assessment to determine whether a quantitative goodwill test is necessary. After assessing the totality of events or circumstances, if we determine it is additional quantitative tests to determine the magnitude of any impairment.
Intangible Assets	Intangible Assets Intangible assets are non-compete agreements, trademarks and right of use intangibles. They are amortized over their estimated useful lives of 5 15 years. The amortized and occur, asset lives may Indefinite life assets are recorded at fair value in business acquisitions and are reviewed for impairment at least annually or more frequently if
Accrued Self Insurance	Accrued Self Insurance We use a combination of insurance welfare, estimated, in part, by considering claims experience, demographic factors,
Dividends Payable	Dividend Payable We The Company quarter for which the Company reports net income attributable to Cal-Maine an amount following the last day of such quarter, except for the fourth fiscal quarter. shareholders of Following a quarter for which the Company does not report net income not pay a dividend date of the most recent quarter Directors.
Treasury Stock	Treasury Stock Treasury treasury issuance of based compensation plans are credited or charged to paid-in
Revenue Recognition	Revenue Recognition The channels. customer performance shipment or delivery to a customer as the Company’s agreements are Revenues are products. The Company periodically offers sales incentives or other programs such as rebates, incentives, guaranteed programs, which of realization of these programs would be recognized the subsequent period.
Shipping And Distribution	Shipping and Distribution Costs Consolidated Statements 72.7 77.5 62.7 2022, respectively.
Income Taxes	Income Taxes Income differences income tax purposes. The believes it positions must meet the more-likely-than-not the outcomes Company interest on the portion of the tax benefit not recognized. The Company initially and subsequently measures the largest amount tax benefit relevant expense. Based Company’s consolidated
Stock Based Compensation	Stock Based Compensation The restricted stock and performance-based shares, in the Consolidated Statements of Note Compensation Plans
Business Combinations	Business Combinations The Company applies the acquisition and liabilities assumed, the date of acquisition. We the considers the remaining estimated life of the assets acquired and We valuing certain intangible assets include, but rates and useful
Gain on Involuntary Conversions	Gain on Involuntary Conversions The Company fires, hurricanes, indemnity (“HPAI”). birds and eggs market value depopulation and losses property damage, business clean-up and period received or committed when all contingencies associated with the
Loss Contingencies	Loss Contingencies Certain conditions may exist as of the date the financial statements are issued that may result in a loss to the Company but which will only be assess contingencies proceedings, the as the perceived merits of the amount of relief sought or expected to be If the assessment can be potentially material loss contingency is nature of the disclosed. Loss nature of the guarantee would be disclosed. The Company expenses the costs of litigation as they are incurred.
New Accounting Pronouncements and Policies	New Accounting Pronouncements and Policies No new accounting pronouncement issued or effective Consolidated Financial Statements.

Fair Value Measures (Policy)

Fair Value Measures (Policy)	12 Months Ended
	Jun. 01, 2024
Fair Value Measures [Abstract]
Fair Value Measurement	The Company hierarchy. The knowledgeable, and willing be paid to transfer the liability to a new obligor in a transaction between such parties, not the amount that would be the liability with the creditor. ● Level 1 ● Level 2 directly or indirectly, o Quoted prices for similar assets or liabilities in active markets o Quoted prices for identical or similar assets in non-active markets o Inputs other than quoted prices that are observable for the asset or liability o Inputs derived principally from or corroborated by other observable market ● Level 3 to the fair value of the assets or liabilities The disclosure of fair value of certain financial assets and liabilities recorded Cash and cash equivalents, accounts receivable, short maturity of these instruments.

Acquisition (Tables)

Acquisition (Tables)	12 Months Ended
	Jun. 01, 2024
Acquisition [Abstract]
Allocation of Purchase Price	Cash consideration paid $ 53,746 Fair value of contingent consideration 1,000 Total estimated purchase 54,746 Recognized amounts of identifiable assets acquired and Inventory $ 6,164 Property, plant and equipment 44,540 Intangible assets 2,272 Other long-term assets 143 Liabilities assumed (143) Total identifiable 52,976 Goodwill 1,770 $ 54,746

Investment Securities Availab_2

Investment Securities Available-for-Sale (Tables)	12 Months Ended
	Jun. 01, 2024
Investment Securities Available-for-Sale [Abstract]
Schedule Of Investment Securities Available-for-Sale	June 1, 2024 Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value Municipal bonds $ 4,100 $ — $ 41 $ 4,059 Commercial paper 137,856 — 121 137,735 Corporate bonds 233,289 — 697 232,592 Certificates of deposits 3,505 — 14 3,491 US government and agency obligations 154,520 — 251 154,269 Asset backed securities 3,154 — 30 3,124 Treasury bills 39,239 — 10 39,229 Total current $ 575,663 $ — $ 1,164 $ 574,499 June 3, 2023 Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value Municipal bonds $ 16,571 $ — $ 275 $ 16,296 Commercial paper 56,486 — 77 56,409 Corporate bonds 139,979 — 1,402 138,577 Certificates of deposits 675 — — 675 US government and agency obligations 101,240 — 471 100,769 Asset backed securities 13,459 — 151 13,308 Treasury bills 29,069 — 13 29,056 Total current $ 357,479 $ — $ 2,389 $ 355,090
Schedule Of Contractual Maturities Of Investment Securities	Estimated Fair Value Within one year $ 397,917 1-5 years 176,582 Total $ 574,499

Fair Value Measures (Tables)

Fair Value Measures (Tables)	12 Months Ended
	Jun. 01, 2024
Fair Value Measures [Abstract]
Schedule Of Assets Measured At Fair Value On A Recurring Basis	June 1, 2024 Level 1 Level 2 Level 3 Balance Investment securities available-for-sale Municipal bonds $ — $ 4,059 $ — $ 4,059 Commercial paper — 137,735 — 137,735 Corporate bonds — 232,592 — 232,592 Certificates of deposits — 3,491 — 3,491 US government and agency obligations — 154,269 — 154,269 Asset backed securities — 3,124 — 3,124 Treasury bills — 39,229 — 39,229 Total investment measured at fair value $ — $ 574,499 $ — $ 574,499 Liabilities Contingent consideration — — 6,500 6,500 Total liabilities measured $ — $ — $ 6,500 $ 6,500 June 3, 2023 Level 1 Level 2 Level 3 Balance Investment securities available-for-sale Municipal bonds $ — $ 16,296 $ — $ 16,296 Commercial paper — 56,409 — 56,409 Corporate bonds — 138,577 — 138,577 Certificates of deposits — 675 — 675 US government and agency obligations — 100,769 — 100,769 Asset backed securities — 13,308 — 13,308 Treasury bills — 29,056 — 29,056 Total investment measured at fair value $ — $ 355,090 $ — $ 355,090
Schedule Of Beginning And Ending Balances In Fair Value Of The Contingent Consideration	Fassio Contingent Consideration Balance, June 4, 2023 — Acquisition of Fassio $ 1,000 Fair value adjustments 5,500 Balance, June 1, 2024 $ 6,500

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Jun. 01, 2024
Inventories [Abstract]
Schedule of Inventories	June 1, 2024 June 3, 2023 Flocks, net of amortization $ 149,985 $ 164,540 Eggs and egg products 25,217 28,318 Feed and supplies 86,580 91,560 $ 261,782 $ 284,418
Schedule of Cost of Sales Amortization and Mortality	June 1, 2024 June 3, 2023 May 28, 2022 Amortization $ 198,298 $ 186,973 $ 160,107 Mortality 10,640 10,455 8,011 Total flock costs charged $ 208,938 $ 197,428 $ 168,118

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	12 Months Ended
	Jun. 01, 2024
Property, Plant and Equipment [Abstract]
Schedule Of Property, Plant And Equipment	June 1, 2024 June 3, 2023 Land and improvements $ 131,051 $ 117,279 Buildings and improvements 627,121 552,669 Machinery and equipment 782,736 715,205 Construction-in-progress 121,266 98,605 1,662,174 1,483,758 Less: accumulated depreciation 804,940 739,218 $ 857,234 $ 744,540

Investment in Unconsolidated _2

Investment in Unconsolidated Entities (Tables)	12 Months Ended
	Jun. 01, 2024
Investment in Unconsolidated Entities [Abstract]
Summary of Condensed Consolidated Financial Information for Unconsolidated Joint Ventures	For the fiscal year ended June 1, 2024 June 3, 2023 May 28, 2022 Net sales $ 159,698 $ 222,602 $ 145,281 Net income 2,840 1,492 3,942 Total assets 31,578 27,784 42,971 Total liabilities 15,468 9,854 21,892 Total equity 16,110 17,930 21,079
Schedule of Transactions With Unconsolidated Affiliates	For the fiscal year ended June 1, 2024 June 3, 2023 May 28, 2022 Sales to unconsolidated entities $ 100,553 $ 136,351 $ 94,311 Purchases from unconsolidated entities 63,916 75,024 60,016 Distributions from unconsolidated entities 3,000 1,500 400 June 1, 2024 June 3, 2023 Accounts receivable from unconsolidated entities $ 8,490 $ 4,719 Accounts payable to unconsolidated entities 1,233 3,187

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	12 Months Ended
	Jun. 01, 2024
Goodwill and Other Intangible Assets [Abstract]
Summary Of Goodwill And Other Intangible Assets	Other Intangibles Franchise Customer Non-compete Right of Water Total Goodwill rights relationships agreements Use rights Trademark intangibles Balance May 28, 2022 $ 44,006 $ 15,071 $ 1,326 $ 860 $ 18 $ 720 $ 136 $ 62,137 Amortization — (1,657) (356) (152) (18) — (51) (2,234) Balance June 3, 2023 44,006 13,414 970 708 — 720 85 59,903 Additions 1,770 — — 50 — 2,222 — 4,042 Amortization — (1,627) (362) (134) — — (50) (2,173) Balance June 1, 2024 $ 45,776 $ 11,787 $ 608 $ 624 $ — $ 2,942 $ 35 $ 61,772
Schedule Of Other Intangibles	June 1, 2024 June 3, 2023 Gross carrying Accumulated Gross carrying Accumulated amount amortization amount amortization Other intangible assets: Franchise rights $ 29,284 $ (17,497) $ 29,284 $ (15,870) Customer relationships 2,900 (2,292) 9,644 (8,674) Non-compete agreements 1,500 (876) 1,450 (742) Water rights * 2,942 — 720 — Trademark 400 (365) 400 (315) Total $ 37,026 $ (21,030) $ 41,498 $ (25,601) *
Schedule Of Estimated Amortization Of Intangible Assets	For fiscal year Estimated amortization expense 2025 $ 2,040 2026 1,836 2027 1,833 2028 1,763 2029 1,701 Thereafter 3,881 Total $ 13,054

Net Income per Common Share (Ta

Net Income per Common Share (Tables)	12 Months Ended
	Jun. 01, 2024
Net Income per Common Share [Abstract]
Computation of Basic and Diluted Net Income Per Share	June 1, 2024 June 3, 2023 May 28, 2022 Numerator Net income $ 276,282 $ 756,732 $ 132,441 Less: Net loss attributable to noncontrolling interest (1,606) (1,292) (209) Net income attributable to Cal-Maine Foods, Inc. $ 277,888 $ 758,024 $ 132,650 Denominator Weighted-average 48,717 48,648 48,581 Effect of dilutive securities of restricted shares 156 186 153 Weighted-average 48,873 48,834 48,734 Net income per common share attributable to Cal-Maine Foods, Inc. Basic $ 5.70 $ 15.58 $ 2.73 Diluted $ 5.69 $ 15.52 $ 2.72

Revenue Recognition (Tables)

Revenue Recognition (Tables)	12 Months Ended
	Jun. 01, 2024
Revenue Recognition [Abstract]
Disaggregation of Revenue	13 Weeks Ended 14 Weeks Ended 52 Weeks Ended 53 Weeks Ended June 1, 2024 June 3, 2023 June 1, 2024 June 3, 2023 Conventional shell egg sales $ 372,245 $ 395,433 $ 1,291,743 $ 2,051,961 Specialty shell egg sales 236,786 256,190 925,665 956,993 Egg products 25,015 33,996 89,009 122,270 Other 6,743 3,061 20,026 14,993 $ 640,789 $ 688,680 $ 2,326,443 $ 3,146,217

Stock Compensation Plans (Table

Stock Compensation Plans (Tables)	12 Months Ended
	Jun. 01, 2024
Stock Compensation Plans [Abstract]
Summary of Equity Award Activity	Number of Shares Weighted Average Date Fair Value Outstanding, May 28, 2022 317,844 $ 39.12 Granted 84,969 54.10 Vested (98,684) 38.25 Forfeited (9,989) 39.69 Outstanding, June 3, 2023 294,140 $ 43.72 Granted 86,803 54.94 Vested (101,660) 37.82 Forfeited (1,329) 44.68 Outstanding, June 1, 2024 277,954 $ 49.38

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Jun. 01, 2024
Income Taxes [Abstract]
Tax Expense by Jurisdiction	Fiscal year ended June 1, 2024 June 3, 2023 May 28, 2022 Current: Federal $ 83,721 $ 180,521 $ 24,228 State 9,640 36,830 3,670 93,361 217,351 27,898 Deferred: Federal (7,371) 19,952 2,716 State (2,301) 4,515 2,960 (9,672) 24,467 5,676 $ 83,689 $ 241,818 $ 33,574
Deferred Tax Assets and Liabilities	June 1, 2024 June 3, 2023 Deferred tax liabilities: Property, plant and equipment $ 120,402 $ 109,590 Inventories 29,297 44,986 Investment in affiliates 904 1,133 Other 6,437 5,702 Total deferred tax 157,040 161,411 Deferred tax assets: Accrued expenses 3,230 3,838 State operating loss carryforwards 22 78 Other comprehensive income 986 1,317 Other 9,936 3,966 Total deferred tax 14,174 9,199 Net deferred tax liabilities $ 142,866 $ 152,212
Reconciliation of Effective Tax Expense	Fiscal year end June 1, 2024 June 3, 2023 May 28, 2022 Statutory federal income tax $ 75,931 $ 209,418 $ 34,907 State income taxes, net 5,798 32,662 5,237 Tax exempt — — (9) Reversal of outside basis in equity investment - Red River — — (7,310) Non-taxable remeasurement gain - Red River — — (955) Other, net 1,960 (262) 1,704 $ 83,689 $ 241,818 $ 33,574

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Narrative) (Details)	12 Months Ended
	Jun. 01, 2024 USD ($) Item	Jun. 03, 2023 USD ($) Item	May 28, 2022 USD ($)	May 29, 2021 USD ($)
Significant Accounting Policies [Line Items]
Fiscal period duration	364 days	371 days	364 days
Shipping and Distribution Costs	$ 72,700,000	$ 77,500,000	$ 62,700,000
Reserves for credit losses	$ 490,000	579,000
Percentage of net income loss used to compute accrued dividends	33.33%
Flock costs, cost accumulation period	154 days
Stockholders' equity	$ 1,800,147,000	1,611,081,000
Stockholders' equity	1,797,043,000	1,609,583,000	1,104,345,000	$ 1,012,781,000
Retained Earnings [Member]
Significant Accounting Policies [Line Items]
Stockholders' equity	$ 1,756,395,000	$ 1,571,112,000	$ 1,065,854,000	$ 975,977,000
Accounts Receivable
Significant Accounting Policies [Line Items]
Number of major customers | Item	1	1
Customer Concentration Risk [Member] | Accounts Receivable | One Customer [Member]
Significant Accounting Policies [Line Items]
Concentration risk, percentage	26.80%	30.10%
Minimum [Member]
Significant Accounting Policies [Line Items]
Intangible assets estimated useful life	5 years
Flock costs, amortization period	1 year
Maximum [Member]
Significant Accounting Policies [Line Items]
Cash, FDIC Insured Amount	$ 250,000
Intangible assets estimated useful life	15 years
Flock costs, amortization period	2 years
Buildings and Improvements [Member] | Minimum [Member]
Significant Accounting Policies [Line Items]
Property, plant and equipment useful life	15 years
Buildings and Improvements [Member] | Maximum [Member]
Significant Accounting Policies [Line Items]
Property, plant and equipment useful life	25 years
Machinery and Equipment [Member] | Minimum [Member]
Significant Accounting Policies [Line Items]
Property, plant and equipment useful life	3 years
Machinery and Equipment [Member] | Maximum [Member]
Significant Accounting Policies [Line Items]
Property, plant and equipment useful life	12 years

Acquisition (Narrative) (Detail

Acquisition (Narrative) (Details) $ in Thousands, Layers in Millions	12 Months Ended
	Jun. 01, 2024 USD ($)	Sep. 30, 2023 USD ($) Layers	Jun. 03, 2023 USD ($)	May 28, 2022 USD ($)
Business Acquisition [Line Items]
Goodwill	$ 45,776		$ 44,006	$ 44,006
Fassio Egg Farms, Inc. [Member]
Business Acquisition [Line Items]
Number of layers, permitted capacity | Layers		1.2
Effective date of acquisition	Oct. 04, 2023
Contingent consideration measurement period	3 years
Goodwill		$ 1,770

Acquisition (Allocation of Purc

Acquisition (Allocation of Purchase Price) (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Jun. 01, 2024	Jun. 03, 2023	May 28, 2022
Business Acquisition [Line Items]
Goodwill		$ 45,776	$ 44,006	$ 44,006
Fassio Egg Farms, Inc. [Member]
Business Acquisition [Line Items]
Cash consideration paid	$ 53,746
Fair value of contingent consideration	1,000
Total estimated purchase price	54,746
Inventory	6,164
Property, plant and equipment	44,540
Intangible assets	2,272
Other long-term assets	143
Liabilities assumed	(143)
Total identifiable assets, net	52,976
Goodwill	1,770
Total identifiable assets and goodwill, net	$ 54,746

Investment Securities Availab_3

Investment Securities Available-for-Sale (Narrative) (Details) - USD ($)	12 Months Ended
	Jun. 01, 2024	Jun. 03, 2023	May 28, 2022
Investment Securities Available-for-Sale [Abstract]
Proceeds from sale of available-for-sale securities, current	$ 358,900,000	$ 291,800,000	$ 92,700,000
Gross realized gains on sales of available-for-sale securities, current	199,000	51,000	181,000
Gross realized losses on sales of available-for-sale securities, current	8,000	87,000	$ 76,000
Allowance for credit losses	$ 0	$ 0

Investment Securities Availab_4

Investment Securities Available-for-Sale (Schedule of Investment Securities) (Details) - USD ($) $ in Thousands	Jun. 01, 2024	Jun. 03, 2023
Debt Securities, Available-for-sale [Line Items]
Amortized Cost, Current	$ 575,663	$ 357,479
Unrealized Gains, Current	0	0
Unrealized Losses, Current	1,164	2,389
Estimated Fair Value, Current	574,499	355,090
Municipal Bonds [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost, Current	4,100	16,571
Unrealized Gains, Current	0	0
Unrealized Losses, Current	41	275
Estimated Fair Value, Current	4,059	16,296
Commercial Paper [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost, Current	137,856	56,486
Unrealized Gains, Current	0	0
Unrealized Losses, Current	121	77
Estimated Fair Value, Current	137,735	56,409
Corporate Bonds [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost, Current	233,289	139,979
Unrealized Gains, Current	0	0
Unrealized Losses, Current	697	1,402
Estimated Fair Value, Current	232,592	138,577
Certificates of Deposits [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost, Current	3,505	675
Unrealized Gains, Current	0	0
Unrealized Losses, Current	14	0
Estimated Fair Value, Current	3,491	675
US Government and Agency Obligations [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost, Current	154,520	101,240
Unrealized Gains, Current	0	0
Unrealized Losses, Current	251	471
Estimated Fair Value, Current	154,269	100,769
Asset Backed Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost, Current	3,154	13,459
Unrealized Gains, Current	0	0
Unrealized Losses, Current	30	151
Estimated Fair Value, Current	3,124	13,308
Treasury Bills [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost, Current	39,239	29,069
Unrealized Gains, Current	0	0
Unrealized Losses, Current	10	13
Estimated Fair Value, Current	$ 39,229	$ 29,056

Investment Securities Availab_5

Investment Securities Available-for-Sale (Schedule of Contractual Maturities of Investment Securities) (Details) - USD ($) $ in Thousands	Jun. 01, 2024	Jun. 03, 2023
Investment Securities Available-for-Sale [Abstract]
Within one year	$ 397,917
1-5 years	176,582
Total	$ 574,499	$ 355,090

Fair Value Measures (Narrative)

Fair Value Measures (Narrative) (Details)	12 Months Ended
	Jun. 01, 2024
Fassio Egg Farms, Inc. [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration measurement period	3 years

Fair Value Measures (Schedule o

Fair Value Measures (Schedule of Assets Measured at Fair Value on A Recurring Basis) (Details) - USD ($) $ in Thousands	Jun. 01, 2024	Jun. 03, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	$ 574,499	$ 355,090
Liabilities measured at fair value	6,500
Contingent Consideration [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities measured at fair value	6,500
Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
Liabilities measured at fair value	0
Level 1 [Member] | Contingent Consideration [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities measured at fair value	0
Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	574,499	355,090
Liabilities measured at fair value	0
Level 2 [Member] | Contingent Consideration [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities measured at fair value	0
Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
Liabilities measured at fair value	6,500
Level 3 [Member] | Contingent Consideration [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities measured at fair value	6,500
Municipal Bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	4,059	16,296
Municipal Bonds [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
Municipal Bonds [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	4,059	16,296
Municipal Bonds [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
Commercial Paper [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	137,735	56,409
Commercial Paper [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
Commercial Paper [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	137,735	56,409
Commercial Paper [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
Corporate Bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	232,592	138,577
Corporate Bonds [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
Corporate Bonds [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	232,592	138,577
Corporate Bonds [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
Certificates of Deposits [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	3,491	675
Certificates of Deposits [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
Certificates of Deposits [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	3,491	675
Certificates of Deposits [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
US Government and Agency Obligations [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	154,269	100,769
US Government and Agency Obligations [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
US Government and Agency Obligations [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	154,269	100,769
US Government and Agency Obligations [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
Asset Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	3,124	13,308
Asset Backed Securities [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
Asset Backed Securities [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	3,124	13,308
Asset Backed Securities [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
Treasury Bills [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	39,229	29,056
Treasury Bills [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
Treasury Bills [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	39,229	29,056
Treasury Bills [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	$ 0	$ 0

Fair Value Measures (Schedule_2

Fair Value Measures (Schedule of Beginning and Ending Balances in Fair Value of The Contingent Consideration) (Details) - Fassio Egg Farms, Inc. [Member] $ in Thousands	12 Months Ended
	Jun. 01, 2024 USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of the contingent consideration, Beginning balance	$ 0
Acquisition of Fassio	1,000
Fair value adjustments	5,500
Fair value of the contingent consideration, Ending balance	$ 6,500

Inventories (Narrative) (Detail

Inventories (Narrative) (Details) pullet_and_breeder in Millions, Layers in Millions	Jun. 01, 2024 Layers pullet_and_breeder	Jun. 03, 2023 Layers pullet_and_breeder
Inventories [Abstract]
Pullets and breeders | pullet_and_breeder	11.8	10.8
Layers | Layers	39.9	41.2

Inventories (Schedule Of Invent

Inventories (Schedule Of Inventories) (Details) - USD ($) $ in Thousands	Jun. 01, 2024	Jun. 03, 2023
Inventories [Abstract]
Flocks, net of amortization	$ 149,985	$ 164,540
Eggs and egg products	25,217	28,318
Feed and supplies	86,580	91,560
Total inventories	$ 261,782	$ 284,418

Inventories (Schedule Of Cost O

Inventories (Schedule Of Cost Of Sales Amortization And Mortality) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 01, 2024	Jun. 03, 2023	May 28, 2022
Inventories [Abstract]
Amortization	$ 198,298	$ 186,973	$ 160,107
Mortality	10,640	10,455	8,011
Total flock costs charged to cost of sales	$ 208,938	$ 197,428	$ 168,118

Property, Plant and Equipment_2

Property, Plant and Equipment (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 01, 2024	Jun. 03, 2023	May 28, 2022
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 77.2	$ 69.4	$ 65.8

Property, Plant and Equipment_3

Property, Plant and Equipment (Schedule of Property, Plant and Equipment) (Details) - USD ($) $ in Thousands	Jun. 01, 2024	Jun. 03, 2023
Property, Plant and Equipment [Line Items]
Property, plant and equipment gross	$ 1,662,174	$ 1,483,758
Less: accumulated depreciation	804,940	739,218
Property, plant and equipment, less accumulated depreciation	857,234	744,540
Land and Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment gross	131,051	117,279
Buildings and Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment gross	627,121	552,669
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment gross	782,736	715,205
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment gross	$ 121,266	$ 98,605

Investment in Unconsolidated _3

Investment in Unconsolidated Entities (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 01, 2024	Jun. 03, 2023	May 28, 2022
Investments in and Advances to Affiliates [Line Items]
Investments in affiliates, recorded using the equity method of accounting	$ 8,200	$ 9,700
Equity in income of unconsolidated entities	$ 1,420	$ 746	$ 1,943
Specialty Eggs LLC [Member]
Investments in and Advances to Affiliates [Line Items]
Ownership percentage	50%	50%

Investment in Unconsolidated _4

Investment in Unconsolidated Entities (Schedule Of Transactions With Unconsolidated Affiliates) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 01, 2024	Jun. 03, 2023	May 28, 2022	May 29, 2021
Related Party Transaction [Line Items]
Net income	$ 276,282	$ 756,732	$ 132,441
Total assets	2,184,761	1,954,525
Total liabilities	387,718	344,942
Total equity	1,797,043	1,609,583	1,104,345	$ 1,012,781
Corporate Joint Venture [Member] | Equity Method Investment, Nonconsolidated Investee or Group of Investees [Member]
Related Party Transaction [Line Items]
Revenues	159,698	222,602	145,281
Net income	2,840	1,492	3,942
Total assets	31,578	27,784	42,971
Total liabilities	15,468	9,854	21,892
Total equity	16,110	17,930	21,079
Unconsolidated Affiliates [Member] | Equity Method Investment, Nonconsolidated Investee or Group of Investees [Member]
Related Party Transaction [Line Items]
Revenues	100,553	136,351	94,311
Purchases from unconsolidated entities	63,916	75,024	60,016
Distributions from unconsolidated entities	3,000	1,500	$ 400
Accounts receivable from unconsolidated entities	8,490	4,719
Accounts payable to unconsolidated entities	$ 1,233	$ 3,187

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 01, 2024	Jun. 03, 2023	May 28, 2022
Goodwill and Other Intangible Assets [Abstract]
Aggregate amortization expense for intangible assets	$ 2,173	$ 2,234	$ 2,200

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets (Summary of Goodwill and Other Intangible Assets) (Details) - USD ($)	12 Months Ended
	Jun. 01, 2024	Jun. 03, 2023	May 28, 2022
Goodwill
Goodwill, Balance	$ 44,006,000	$ 44,006,000
Additions	1,770,000
Goodwill, Balance	45,776,000	44,006,000	$ 44,006,000
Other intangibles, Finite-Lived
Other intangibles, Amortization	(2,173,000)	(2,234,000)	(2,200,000)
Other Intangibles, Finite-Lived, Balance	13,054,000
Intangible Assets Net Including Goodwill [Abstract]
Total intangibles, Balance	59,903,000	62,137,000
Total intangibles, Additions	4,042,000
Total intangibles, Amortization	(2,173,000)	(2,234,000)	(2,200,000)
Total intangibles, Balance	61,772,000	59,903,000	62,137,000
Water Rights [Member]
Other intangibles, Finite-Lived
Other Intangibles, Additions	2,222,000
Other intangibles, Amortization	0	0
Indefinite-lived Intangible Assets [Roll Forward]
Other Intangibles, Indefinite-Lived, Balance	720,000	720,000
Other Intangibles, Indefinite-Lived, Balance	2,942,000	720,000	720,000
Intangible Assets Net Including Goodwill [Abstract]
Total intangibles, Amortization	0	0
Franchise Rights [Member]
Other intangibles, Finite-Lived
Other Intangibles, Finite-Lived, Balance	13,414,000	15,071,000
Other Intangibles, Additions	0
Other intangibles, Amortization	(1,627,000)	(1,657,000)
Other Intangibles, Finite-Lived, Balance	11,787,000	13,414,000	15,071,000
Intangible Assets Net Including Goodwill [Abstract]
Total intangibles, Amortization	(1,627,000)	(1,657,000)
Customer Relationships [Member]
Other intangibles, Finite-Lived
Other Intangibles, Finite-Lived, Balance	970,000	1,326,000
Other Intangibles, Additions	0
Other intangibles, Amortization	(362,000)	(356,000)
Other Intangibles, Finite-Lived, Balance	608,000	970,000	1,326,000
Intangible Assets Net Including Goodwill [Abstract]
Total intangibles, Amortization	(362,000)	(356,000)
Noncompete Agreements [Member]
Other intangibles, Finite-Lived
Other Intangibles, Finite-Lived, Balance	708,000	860,000
Other Intangibles, Additions	50,000
Other intangibles, Amortization	(134,000)	(152,000)
Other Intangibles, Finite-Lived, Balance	624,000	708,000	860,000
Intangible Assets Net Including Goodwill [Abstract]
Total intangibles, Amortization	(134,000)	(152,000)
Right Of Use Intangible [Member]
Other intangibles, Finite-Lived
Other Intangibles, Finite-Lived, Balance	0	18,000
Other Intangibles, Additions	0
Other intangibles, Amortization	0	(18,000)
Other Intangibles, Finite-Lived, Balance	0	0	18,000
Intangible Assets Net Including Goodwill [Abstract]
Total intangibles, Amortization	0	(18,000)
Trademarks [Member]
Other intangibles, Finite-Lived
Other Intangibles, Finite-Lived, Balance	85,000	136,000
Other Intangibles, Additions	0
Other intangibles, Amortization	(50,000)	(51,000)
Other Intangibles, Finite-Lived, Balance	35,000	85,000	$ 136,000
Intangible Assets Net Including Goodwill [Abstract]
Total intangibles, Amortization	$ (50,000)	$ (51,000)

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets (Schedule of Other Intangibles) (Details) - USD ($) $ in Thousands	Jun. 01, 2024	Jun. 03, 2023	May 28, 2022
Schedule of Finite-Lived And Indefinite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 37,026	$ 41,498
Accumulated amortization	(21,030)	(25,601)
Franchise Rights [Member]
Schedule of Finite-Lived And Indefinite-Lived Intangible Assets [Line Items]
Gross carrying amount, finite-lived	29,284	29,284
Accumulated amortization	(17,497)	(15,870)
Customer Relationships [Member]
Schedule of Finite-Lived And Indefinite-Lived Intangible Assets [Line Items]
Gross carrying amount, finite-lived	2,900	9,644
Accumulated amortization	(2,292)	(8,674)
Noncompete Agreements [Member]
Schedule of Finite-Lived And Indefinite-Lived Intangible Assets [Line Items]
Gross carrying amount, finite-lived	1,500	1,450
Accumulated amortization	(876)	(742)
Trademarks [Member]
Schedule of Finite-Lived And Indefinite-Lived Intangible Assets [Line Items]
Gross carrying amount, finite-lived	400	400
Accumulated amortization	(365)	(315)
Water Rights [Member]
Schedule of Finite-Lived And Indefinite-Lived Intangible Assets [Line Items]
Gross carrying amount, indefinite-lived	$ 2,942	$ 720	$ 720

Goodwill and Other Intangible_6

Goodwill and Other Intangible Assets (Schedule of Estimated Amortization Of Intangible Assets) (Details) $ in Thousands	Jun. 01, 2024 USD ($)
Goodwill and Other Intangible Assets [Abstract]
2025	$ 2,040
2026	1,836
2027	1,833
2028	1,763
2029	1,701
Thereafter	3,881
Total	$ 13,054

Employee Benefit Plans (Narrati

Employee Benefit Plans (Narrative) (Details) - USD ($)	12 Months Ended
	Jun. 01, 2024	Jun. 03, 2023	May 28, 2022
Defined Benefit Plan Disclosure [Line Items]
Medical claim, maximum per occurrence	$ 275,000
Medical plan expense	23,000,000	$ 21,900,000	$ 24,600,000
Liability recorded for incurred but not reported claims	2,800,000	2,900,000
Postretirement expense liability	2,600,000	2,700,000
SERP, possible aggregate retirement benefit amount	500,000
SERP, annual payments	$ 50,000
SERP, term	10 years
SERP, vesting period	5 years
SERP, vesting percent per year	20%
SERP, vesting percent upon disablement	100%
Postemployment medical benefits liability	$ 298,000	63,000
KSOP [Member]
Defined Benefit Plan Disclosure [Line Items]
Company matching contribution percentage	3%
Company cash contribution	$ 4,300,000	$ 4,300,000	$ 3,900,000
Compare share contribution	0	0	0
Certain Officers [Member]
Defined Benefit Plan Disclosure [Line Items]
Deferred compensation agreement, amount of years required for payment	65 years
Payments made under plan	$ 100,000	$ 170,000	$ 170,000
Liability related to deferred compensation agreements	$ 844,000	1,000,000
Officers [Member]
Defined Benefit Plan Disclosure [Line Items]
Deferred compensation agreement, amount of years required for payment	60 years
Deferred compensation agreement, minimum service years required for payment	5 years
Payments made under plan	$ 29,000	410,000	480,000
Liability related to deferred compensation agreements	5,100,000	4,600,000	4,500,000
Awards issued under deferred compensation plan	380,000	388,000	340,000
Deferred compensation expense	$ 614,000	$ 346,000	$ 258,000

Credit Facility (Narrative) (De

Credit Facility (Narrative) (Details) - USD ($)	12 Months Ended
	Jun. 01, 2024	Jun. 03, 2023	May 28, 2022
Line Of Credit Facility [Line Items]
Interest costs incurred	$ 549,000	$ 583,000	$ 403,000
Credit Agreement [Member]
Line Of Credit Facility [Line Items]
Debt instrument, term	5 years
Maximum borrowing capacity	$ 250,000,000
Available additional capacity	200,000,000
Amount outstanding	$ 0	$ 0
Interest period	1 month
Floor rate	0%
Maximum total funded debt to capitalization ratio	50%
Minimum tangible net worth, amount	$ 700,000,000
Minimum tangible net worth, percentage of net income	50%
Threshold of voting control in related entities that requires compliance with covenant	100%
Minimum amount of company voting stock	50%
Credit facility benchmark in computing dividend payments	$ 50,000,000
Credit Agreement [Member] | Minimum [Member]
Line Of Credit Facility [Line Items]
Commitment fee	0.15%
Credit Agreement [Member] | Maximum [Member]
Line Of Credit Facility [Line Items]
Commitment fee	0.25%
Credit Agreement [Member] | Base Rate [Member] | Minimum [Member]
Line Of Credit Facility [Line Items]
Basis spread on variable rate	0%
Credit Agreement [Member] | Base Rate [Member] | Maximum [Member]
Line Of Credit Facility [Line Items]
Basis spread on variable rate	0.75%
Credit Agreement [Member] | Base Rate, Federal Funds [Member]
Line Of Credit Facility [Line Items]
Basis spread on variable rate	0.50%
Credit Agreement [Member] | SOFR [Member]
Line Of Credit Facility [Line Items]
Basis spread on variable rate	0.10%
Credit Agreement [Member] | SOFR [Member] | Minimum [Member]
Line Of Credit Facility [Line Items]
Basis spread on variable rate	1%
Credit Agreement [Member] | SOFR [Member] | Maximum [Member]
Line Of Credit Facility [Line Items]
Basis spread on variable rate	1.75%
Credit Agreement [Member] | SOFR, One Month [Member] [Member]
Line Of Credit Facility [Line Items]
Basis spread on variable rate	1%
Credit Agreement [Member] | Standby Letters of Credit [Member]
Line Of Credit Facility [Line Items]
Maximum borrowing capacity	$ 15,000,000
Amount outstanding	4,700,000
Credit Agreement [Member] | Swingline [Member]
Line Of Credit Facility [Line Items]
Maximum borrowing capacity	$ 15,000,000

Equity (Narrative) (Details)

Equity (Narrative) (Details)	Jun. 01, 2024 Item shares
Schedule of Stockholders Equity [Line Items]
Number of classes of capital stock	2
Number of shares owned by immediate family members and/or permitted transferee's (in shares) | shares	4,600,000
Common Stock [Member]
Schedule of Stockholders Equity [Line Items]
Number of votes per share of stock	1
Number of votes per share of stock converted from Class A	1
Class A Common Stock [Member]
Schedule of Stockholders Equity [Line Items]
Number of votes per share of stock	10
Number of shares owned by immediate family members and/or permitted transferee's (in shares) | shares	4,300,000

Net Income per Common Share (Co

Net Income per Common Share (Computation of Basic and Diluted Net Income Per Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Jun. 01, 2024	Jun. 03, 2023	May 28, 2022
Net Income per Common Share [Abstract]
Net income	$ 276,282	$ 756,732	$ 132,441
Less: Net loss attributable to noncontrolling interest	(1,606)	(1,292)	(209)
Net income attributable to Cal-Maine Foods, Inc.	$ 277,888	$ 758,024	$ 132,650
Denominator
Weighted-average common shares outstanding, basic (in shares)	48,717	48,648	48,581
Effect of dilutive restricted shares (in shares)	156	186	153
Weighted-average common shares outstanding, diluted (in shares)	48,873	48,834	48,734
Net income per common share attributable to Cal-Maine Foods, Inc.
Basic (in dollars per share)	$ 5.70	$ 15.58	$ 2.73
Diluted (in dollars per share)	$ 5.69	$ 15.52	$ 2.72

Revenue Recognition (Narrative)

Revenue Recognition (Narrative) (Details)	12 Months Ended
	Jun. 01, 2024	Jun. 03, 2023	May 28, 2022
Walmart [Member] | Sales Revenue, Net [Member] | Customer Concentration Risk [Member]
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	34%	34.20%	29.50%

Revenue Recognition (Disaggrega

Revenue Recognition (Disaggregation of Revenue) (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Jun. 01, 2024	Jun. 03, 2023	Jun. 01, 2024	Jun. 03, 2023	May 28, 2022
Disaggregation of Revenue [Line Items]
Net sales	$ 640,789	$ 688,680	$ 2,326,443	$ 3,146,217	$ 1,777,159
Conventional shell egg sales [Member]
Disaggregation of Revenue [Line Items]
Net sales	372,245	395,433	1,291,743	2,051,961
Specialty shell egg sales [Member]
Disaggregation of Revenue [Line Items]
Net sales	236,786	256,190	925,665	956,993
Egg products [Member]
Disaggregation of Revenue [Line Items]
Net sales	25,015	33,996	89,009	122,270
Other [Member]
Disaggregation of Revenue [Line Items]
Net sales	$ 6,743	$ 3,061	$ 20,026	$ 14,993

Stock Compensation Plans (Narra

Stock Compensation Plans (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 01, 2024	Jun. 03, 2023	May 28, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation expense (benefit)	$ 4.4	$ 4.2	$ 4.1
2012 Omnibus Long-Term Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Incentive plan shares authorized (in shares)	2,000,000
Shares remaining for issuance	856,119
Unrecognized compensation expense	$ 7.5	$ 7.2
Weighted average period of unrecognized compensation expense	2 years 1 month 6 days

Stock Compensation Plans (Summa

Stock Compensation Plans (Summary of Equity Award Activity) (Details) - $ / shares	12 Months Ended
	Jun. 01, 2024	Jun. 03, 2023
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Number of Shares, Outstanding, Beginning Balance (in shares)	294,140	317,844
Number of Shares, Granted (in shares)	86,803	84,969
Number of Shares, Vested (in shares)	(101,660)	(98,684)
Number of Shares, Forfeited (in shares)	(1,329)	(9,989)
Number of Shares, Outstanding, Ending Balance (in shares)	277,954	294,140
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted Average Grant Date Fair Value, Outstanding, Beginning Balance (in dollars per share)	$ 43.72	$ 39.12
Weighted Average Grant Date Fair Value, Granted (in dollars per share)	54.94	54.10
Weighted Average Grant Date Fair Value, Vested (in dollars per share)	37.82	38.25
Weighted Average Grant Date Fair Value, Forfeited (in dollars per share)	44.68	39.69
Weighted Average Grant Date Fair Value, Outstanding, Ending Balance (in dollars per share)	$ 49.38	$ 43.72

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details)	Jun. 01, 2024 USD ($)
Tax Credit Carryforward [Line Items]
Unrecognized tax benefits	$ 0
Income tax penalties and interest accrued	$ 0

Income Taxes (Tax Expense by Ju

Income Taxes (Tax Expense by Jurisdiction) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 01, 2024	Jun. 03, 2023	May 28, 2022
Current:
Current income tax expense (benefit): Federal	$ 83,721	$ 180,521	$ 24,228
Current income tax expense (benefit): State	9,640	36,830	3,670
Current income tax expense (benefit): Total	93,361	217,351	27,898
Deferred:
Deferred income tax expense (benefit): Federal	(7,371)	19,952	2,716
Deferred income tax expense (benefit): State	(2,301)	4,515	2,960
Deferred income taxes expense (benefit): Total	(9,672)	24,467	5,676
Income tax expense (benefit)	$ 83,689	$ 241,818	$ 33,574

Income Taxes (Deferred Tax Asse

Income Taxes (Deferred Tax Assets and Liabilities) (Details) - USD ($) $ in Thousands	Jun. 01, 2024	Jun. 03, 2023
Deferred tax liabilities:
Property, plant and equipment	$ 120,402	$ 109,590
Inventories	29,297	44,986
Investment in affiliates	904	1,133
Other	6,437	5,702
Total deferred tax liabilities	157,040	161,411
Deferred tax assets:
Accrued expenses	3,230	3,838
State operating loss carryforwards	22	78
Other comprehensive income	986	1,317
Other	9,936	3,966
Total deferred tax assets	14,174	9,199
Net deferred tax liabilities	$ 142,866	$ 152,212

Income Taxes (Reconciliation of

Income Taxes (Reconciliation of Effective Tax Expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 01, 2024	Jun. 03, 2023	May 28, 2022
Income Taxes [Abstract]
Statutory federal income tax	$ 75,931	$ 209,418	$ 34,907
State income taxes, net	5,798	32,662	5,237
Tax exempt interest income	0	0	(9)
Reversal of outside basis in equity investment Red River	0	0	(7,310)
Non-taxable remeasurement gain Red River	0	0	(955)
Other, net	1,960	(262)	1,704
Income tax expense (benefit)	$ 83,689	$ 241,818	$ 33,574

Commitments and Contingencies (

Commitments and Contingencies (Narrative) (Details) - USD ($)		12 Months Ended
	Dec. 01, 2023	Jun. 01, 2024
Benton County Foods [Member]
Loss Contingencies [Line Items]
Ownership interest		100%
Kraft Foods Global Inc Et Al V United Egg Producers Inc Et Al [Member]
Loss Contingencies [Line Items]
Litigation Settlement Amount Awarded To Other Party	$ 17,800,000
Treble damages	53,300,000
Settlement accrual	$ 19,600,000
Pending Litigation | State of Texas v. Cal-Maine Foods, Inc. d/b/a Wharton; and Wharton County Foods, LLC [Member]
Loss Contingencies [Line Items]
Damages sought		$ 100,000

Subsequent Events (Narrative) (

Subsequent Events (Narrative) (Details) - ISE America, Inc. [Member] pullet_and_breeder in Millions, Layers in Millions, Item in Millions, $ in Millions		12 Months Ended
	Jun. 28, 2024 USD ($) a Layers pullet_and_breeder Item	Jun. 01, 2024
Subsequent Event [Line Items]
Asset Acquisition Effective Date Of Acquisition		Jun. 28, 2024
Subsequent Event [Member]
Subsequent Event [Line Items]
Layer capacity at the time of acquisition | Layers	4.7
Number of pullets | pullet_and_breeder	1.2
Number of cage-free | Item	1
Area of land, inventories and an egg products breaking facility | a	4,000
Purchase price of assets acquisition funded with available cash on hand | $	$ 110

Schedule II Valuation and Quali

Schedule II Valuation and Qualifying Accounts (Details) - SEC Schedule, 12-09, Allowance, Credit Loss [Member] - USD ($) $ in Thousands	12 Months Ended
	Jun. 01, 2024	Jun. 03, 2023	May 28, 2022
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Period	$ 579	$ 775	$ 795
Charged to Cost and Expense	73	(148)	30
Write-off of Accounts	162	48	50
Balance at End of Period	$ 490	$ 579	$ 775