Overview
Maple Leaf Foods Q2 revenue grows 8.5%, beating analysts' expectations
Adjusted EPS for Q2 beats consensus, driven by improved profitability
Co raises fiscal 2025 revenue, adjusted EBITDA outlook
Outlook
Maple Leaf Foods expects 2025 revenue growth in mid-single-digit range
Company forecasts 2025 adjusted EBITDA between C$680 mln and C$700 mln
Maple Leaf Foods plans 2025 capital expenditures of C$160 mln to C$180 mln
Company sees stable pork market conditions for remainder of 2025
Result Drivers
PORK SEGMENT - Growth driven by increased hog processing and higher average hog weights
PREPARED FOODS - Sales boosted by pricing, improved mix, and volume growth
POULTRY SEGMENT - Revenue growth due to improved channel mix and pricing
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
C$1.36 bln
C$1.33 bln (5 Analysts)
Q2 Adjusted EPS
Beat
C$0.56
C$0.45 (6 Analysts)
Q2 Adjusted EBITDA
C$182 mln
Q2 Adjusted EBITDA Margin
13.3%
Q2 Revenue Growth
8.5%
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "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 Maple Leaf Foods Inc is C$34.00, about 13.4% above its August 6 closing price of C$29.46
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 16 three months ago
Press Release: ID:nCNW9h92Ma
(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.)