Maple Leaf Foods Inc. Bottom Line Declines In Q2

(RTTNews) - Maple Leaf Foods Inc. (MFI.TO) announced a profit for second quarter that Drops, from last year

The company's bottom line came in at C$40.79 million, or C$0.32 per share. This compares with C$57.78 million, or C$0.46 per share, last year.

Excluding items, Maple Leaf Foods Inc. reported adjusted earnings of C$53.89 million or C$0.44 per share for the period.

The company's revenue for the period rose 1.6% to C$1.020 billion from C$1.004 billion last year.

Maple Leaf Foods Inc. earnings at a glance (GAAP) :

-Earnings: C$40.79 Mln. vs. C$57.78 Mln. last year. -EPS: C$0.32 vs. C$0.46 last year. -Revenue: C$1.020 Bln vs. C$1.004 Bln last year.

With approximately 4% year-to-date revenue growth .we remain on track to deliver our 2026 outlook of mid-single-digit revenue growth,