Beverage products firm Lassonde's Q3 sales slightly miss estimates

Lassonde Industries

06/11/2025 22:49

Overview

Lassonde Q3 sales grow 8.3% yr/yr but slightly miss analyst expectations

Adjusted EPS for Q3 rises 28.9% yr/yr, reflecting strong operational performance

Company's performance driven by favorable pricing and Canadian private label sales shift

Outlook

Lassonde expects 2025 sales growth slightly above 10%

Commodity costs expected to remain volatile in Q4 2025

Capital expenditures for 2025 estimated at up to 7% of sales

Result Drivers

PRICING AND SALES MIX - Co attributes sales growth to favorable pricing adjustments and a shift in Canadian private label sales

COST MANAGEMENT - Operating profit increased due to reduced transportation costs and lower performance-related compensation expenses

INPUT COSTS - Higher costs for certain inputs, including orange, pineapple, and apple concentrates, impacted gross profit

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Slight Miss*
C$723.90 mln
C$726.70 mln (2 Analysts)
Q3 Adjusted EPS
C$5.84
Q3 EPS
C$5.40
Q3 Adjusted EBITDA
C$86.40 mln
Q3 EBITDA
C$85.50 mln
Q3 Gross Profit
C$197.60 mln
Q3 Operating Income
C$57.90 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the food processing peer group is "buy"

Wall Street's median 12-month price target for Lassonde Industries Inc is C$255.00, about 16.9% above its November 5 closing price of C$212.00

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nGNX8Xgjl7

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)