The actions of Cal-Maine Foods, the largest producer of US eggs.
Cal-maine, based in Rideland, Miss, said he received a notice of the investigation on the increases in the price of the egg last month. Cal-maine said he is cooperating with the investigation.
The shares of the company fell more than 4% in trade off hours.
Egg prices have reached high records in recent months, largely due to an avian flu epidemic that has forced farmers to laugh at more than 166 million birds, mostly egg set chickens.
A boxes Grade to Eggs cost an average or $ 5.90 in the cities of the United States. In February, 10.4% more than a year ago. That eclipsed the high record price of January or $ 4.95.
Egg price increases have placed Cal-maine, which provides about 20% of nations eggs, under greater scrutiny.
On Tuesday, Cal-Maine said he almost doubled at $ 1.42 billion in his third fiscal quarter, which ended on March 1. The company said it was mainly due to the prices of the highest eggs, which averaged $ 4.06 per duration makes the duration.
Cal-maine sales fell short or the prognosis of Wall Street or $ 1.43 billion, according to the analysts surveyed by FACTSET.
Cal-maine said he sold a record of 331.4 million boxes-heggs in the third quarter, a 10% increase since the same period of the previous year.
Cal-maine said it progresses in the mitigation of the effects of avian flu, including the increase in the number of cape chickens and hatching chicks and recovering from the closure related to the flu of the facilities and kansas. The company said that its feeding costs also decreased the quarter.
Cal-maine said his net income from the third quarter tripled at $ 508.5 million compared to the same period of the previous year. The gain, or $ 10.38 per share, also did not reach the prognosis of the analysts or a gain of $ 10.72 per share.
