Cagle's, Inc. (CGLA)

Cagle’s, Inc. and its wholly owned subsidiary, Cagle's Farms, Inc. engage in the production, marketing, and distribution of various fresh and frozen poultry products primarily in the United States. The company’s operations consist of breeding, hatching, and growing chickens; feed milling; and processing and marketing fresh and frozen poultry products. Its products include rotisserie chicken, breaded chicken, eight-piece cut chicken, bulk frozen parts, frozen tray pack parts, and boneless skinless breast. The company sells its products to independent and chain supermarkets, food distributors, food processing companies, and national fast-food chains, as well as to institutional users, such as restaurants and schools through direct sales staff and brokers. Cagle's was founded in 1945 and is headquartered in Atlanta, Georgia.

For the thirty nine weeks ended 31 December 2005, Cagle's Inc.'s revenue fell 2% to $182.4M. Net income fell 72% to $2.6M. Revenues reflect a decrease in sales tonnage and lower average quoted market price. Net income also reflects higher cost of sales, increased selling & delivery expense and higher general & administrative expense. The Company produces, markets and distributes a variety of fresh and frozen poultry products.