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MFI Maple Leaf Foods News Story

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Canada's Maple Leaf Foods Q1 revenue up 6.2%, slightly beats estimates

Overview

Canada packaged meats maker's Q1 revenue rose 6.2%, slightly beating analyst expectations

Adjusted EBITDA for Q1 rose 5.7% to C$122 mln

Company cites improved efficiency and favourable poultry mix as drivers of higher earnings

Outlook

Company reiterates it is on track for 2026 outlook of mid-single-digit revenue growth

Result Drivers

POULTRY SALES GROWTH - Co said poultry sales rose 11.7% on improved channel mix, higher retail and foodservice volumes, and pricing, partly offset by increased trade promotion spending

OPERATING EFFICIENCY - Improved operating efficiency, including benefits from the Fuel for Growth program, contributed to higher gross profit

COST MANAGEMENT - Disciplined cost management supported earnings growth, per CEO Curtis Frank

Company press release: ID:nPn4Z1G3Ra

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 SalesSlight Beat*C$963 mlnC$956.96 mln (7 Analysts)
Q1 Adjusted EBITDAC$122 mln
Q1 Adjusted EBITDA Margin12.70%
Q1 Revenue Growth6.20%
*Applies to a deviation of less than 1%; not applicable for per-share numbers. For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@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.)

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