Maple Leaf Foods Beats Q3 Revenue Estimates
Maple Leaf Foods reported an 8% rise in third-quarter revenue, surpassing analyst forecasts. However, adjusted earnings per share came in below expectations, according to Reuters.
Strategic Developments
The company finalized the spin-off of its pork operations, marking a major strategic shift. Following this change, Maple Leaf Foods noted that its previous 2025 outlook is no longer valid.
Inflation and Pricing Plans
The company anticipates that input cost inflation will continue through the fourth quarter of 2025. To address this, new pricing measures are scheduled to take effect in early 2026.
Analyst Outlook
Analyst sentiment remains positive. Of eight analysts covering the stock, seven recommend it as a strong buy or buy, and one rates it as hold. None suggest selling.
“The current average rating on the shares is ‘buy,’ with a median 12-month price target of C$36.00 — approximately 26.9% above the November 4 closing price of C$26.30.”
The stock is currently trading at 15 times expected earnings for the next 12 months, compared with a price-to-earnings ratio of 14 three months prior.
Revenue Drivers
Growth in the quarter was fueled by strong performance across the Prepared Foods, Poultry, and Pork units. The company also experienced input cost inflation in the Prepared Foods segment, reflecting tight pork market conditions.
Author’s summary: Maple Leaf Foods surpassed Q3 revenue estimates, finalized its pork spin-off, and plans 2026 price adjustments while maintaining strong analyst confidence.