Maple Leaf Foods Q3 Adjusted Basic Earnings, Sales Rise; Updates Outlook

07:12 AM EST, 11/04/2026 (MT Newswires) -- Maple Leaf Foods (MFI.TO) reported third quarter adjusted basic earnings of CA$0.36 per share, compared with CA$0.21 per share a year earlier. Analysts polled by FactSet expected CA$0.37. Sales for the quarter ended Sept. 30 was CA$1.03 billion compared with CA$1.01 billion a year earlier, the company said Wednesday. Analysts expected sales of CA$1.04 billion. The company reaffirmed outlook for mid-single-digit revenue growth in fiscal 2026, "commitment to maintaining an investment-grade balance sheet", and dividend growth of approximately 10%. The company also updated fiscal 2026 adjusted EBITDA to around the bottom of its previous 2026 outlook of CA$520 million - CA$540 million and capital expenditure in the range of CA$130 million- CA$150 million, a decrease of CA$30 million from previous guidance, it said.