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Maple Leaf Foods Reports Higher Q2 Adjusted Operating Earnings YoY

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Maple Leaf Foods (MFI.TO) reported second-quarter adjusted operating earnings of C$93.1 million, or C$0.44 per share, up from C$83.6 million, or C$0.33 per share.

Analysts polled by FactSet expected C$0.42.

Sales were C$1.02 billion, up from C$1.00 billion.

Analysts expected C$1.04 billion.

Maple Leaf declared a quarterly dividend of C$0.21 per share, or C$0.84 per share on an annual basis, payable Sept. 29 to shareholders of record at the close of business on Sept. 8.

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