Canada's Rogers Sugar Q2 revenue falls 17%, misses analyst estimates

Rogers Sugar

07/05/2026 22:15

Overview

Canada sugar and maple producer's Q2 revenue fell and missed analyst expectations

Adjusted net earnings and adjusted EBITDA rose, led by improved Sugar segment margins

Company says US trade uncertainty weighed on export sales, but domestic business remains healthy

Outlook

Rogers Sugar lowers 2026 sugar volume forecast to 735,000 metric tonnes from 750,000

Company expects to spend about C$115 mln on LEAP Project in fiscal 2026

Maple segment sales volume for 2026 expected at 56.0 mln lbs, up about 5% from 2025

Result Drivers

SUGAR SEGMENT MARGINS - Higher adjusted gross margin in Sugar segment drove adjusted EBITDA growth

EXPORT SALES DECLINE - Lower sugar sales volume mainly due to reduced export sales amid US trade uncertainty

MAPLE SEGMENT WEAKNESS - Lower Maple segment adjusted EBITDA due to higher production costs and unfavourable product mix

Company press release: ID:nGNX6qvhX

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
C$280.62 mln
C$307.70 mln (3 Analysts)
Q2 Adjusted Net Income
C$18.55 mln
Q2 Net Income
C$12.65 mln
Q2 Adjusted EBITDA
C$38.25 mln
Q2 EBITDA
C$30.38 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and 1 "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 Rogers Sugar Inc is C$7.00, about 7.4% above its May 6 closing price of C$6.52

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

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.)