Maple Leaf Foods says Q2 2026 earnings rise on pricing, efficiency gains, favorable mix despite input cost inflation
Reuters2026/08/12 09:56- Maple Leaf Foods posted Q2 2026 sales of CAD 1.02 billion, up 1.6%, driven by 7.1% Poultry growth despite a 2% Prepared Foods decline.
- Poultry gains reflected higher volumes, better channel mix, pricing; increased trade promotion spending tempered the lift.
- Gross profit rose to CAD 192.2 million; pricing, operating efficiency, favorable mix offset input cost inflation, higher promotions, lower volumes.
- Earnings from continuing operations increased to CAD 40.8 million; lower interest expense from reduced debt partly offset associate losses.
- Operating cash flow fell to CAD 4.7 million; working-capital timing, higher tax payments, maintenance capital drove free cash outflow of CAD 18.9 million.
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