$MFI.TO

Maple Leaf Foods' 2025 Integrated Report Shows Waste Reduction, Animal Welfare Progress

Maple Leaf Foods (MFI.TO) on Thursday released its annual integrated report for 2025 that showed progress in areas including waste reduction, animal welfare and environmental targets.The maker of Schneiders meat products said it made "significant waste reduction" progress last year, with 10 more sites and facilities becoming landfill-free. It achieved a 2.1% cut in absolute Scope 1 & 2 emissions from the 2018 baseline, and an almost 16% decrease in Scope 3 emissions intensity from the 2018 baseline, it added."This has been a defining year for Maple Leaf Foods," said Chief Executive Curtis Frank. "We successfully completed the spin-off of our pork operations and the final phase of our C$2 billion transformation, positioning the company with greater financial strength, sharper strategic focus, and improved consistency in performance."Maple Leaf Foods shares rose 0.5% to $30.84 on the Toronto Stock Exchange Wednesday.

Maple Leaf Foods Initiated at Buy, $39 Price Target at Desjardins

Maple Leaf Foods Inc. (MFI.TO) was rated Buy with a $39 price target in new coverage at Desjardins on Wednesday.Analyst Chris Li initiated coverage of the Canadian multinational consumer-packaged meats and food production company."With its multi-year capex cycle and the spin-off of CPKR now complete, we believe MFI is well-positioned to continue building on its market-leading share in Canada while also strengthening its niche position in the US," Li said in a note to clients."We believe this should translate into industry-leading mid-single-digit revenue and at least high-single-digit EBITDA growth," the analyst said."Despite the strong outlook, MFI continues to trade near its 10-year average (~9x NTM EBITDA)."(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

Stifel Canada Raises Maple Leaf Foods Price Target by $1.00, Keeps Buy After Q1 Earnings

Stifel Canada has raised its price target on the shares of Maple Leaf Foods (MFI.TO) by $1.00 to $36.00 after the company reported "good" first quarter results and reiterated its 2026 guidance "which reassures investors".In a note, analyst Martin Landry, who is maintaining a buy rating on the company, noted that Maple Leaf reported a gross margin of 18.7%, the highest level in two years, as the company benefits from improved operating efficiencies stemming from asset optimization.While Maple Leaf shares had traded down in the weeks leading to the results as investors expressed skepticism on its ability to pass on fuel surcharges to customers, management had a confident tone during the earnings call, which, combined with the 2026 guidance being unchanged, suggests an ability to pass on higher costs, Landry writes.Price: $29.67, Change: $-1.29, Percent Change: -4.17%

CIBC Confirms Outperformer Rating on Maple Leaf Foods and Raises Target to $39

CIBC maintained its outperformer rating on Maple Leaf Foods (MFI.TO) and increased its price target to $39 from $37 after the company reported its first quarter results on Thursday.The bank noted that Q1 showed sustained revenue momentum along with better-than-expected sequential margin recovery. CIBC expects poultry growth to moderate as the comparables become more difficult, but it also believes that the company is set to leverage its assets and brands to "deliver market share wins in the coming years.""MFI clearly has momentum with its brands and operations but full-year guidance was maintained and our full-year estimates for 2026 and 2027 are little changed," said analyst Mark Petrie. "Management has repeatedly claimed that "the transformation is complete", and while this is true in one sense, we would argue that there is another transformation underway - building a track-record of consistency - and we expect further multiple expansion as this plays out."The bank expects the company to continue generating strong cash flows and returning cash to shareholders while leverage drops modestly."We use our 2026 EBITDA estimate as the basis for our valuation and apply this to our forecast, then subtract net debt to generate our price target of $39 (was $37)," said Petrie.Price: $29.47, Change: $-1.49, Percent Change: -4.81%

Maple Leaf Foods Q1 Adjusted Earnings Per Share And Sales Increase

Maple Leaf Foods (MFI.TO) reported a rise in its adjusted earnings per share and sales in the first quarter, beating analysts' expectations.For the three months ended March 31, 2026, the company reported earnings of $46.1 million or adjusted basic earnings per share of $0.34 compared with $49.6 million or $0.21 EPS. The result beat a consensus estimate compiled by FactSet of $0.30 EPS.Sales increased to $962.9 million compared with $906.7 million, a year-ago, beating a consensus estimate compiled by FactSet of $956.2 million."We delivered 6% year-over-year revenue growth, the sequential margin recovery we expected, and higher Adjusted EBITDA, driven by operating efficiency, favourable mix, and disciplined cost management, while generating strong Free Cash Flow," said Maple Leaf Foods Chief Executive Curtis Frank. "With leading brands, scalable growth platforms, and initiatives like Fuel for Growth strengthening our cost structure, we are on track to deliver our 2026 outlook of mid-single-digit revenue growth, continued margin expansion and disciplined capital allocation."Its board also approved a quarterly dividend of $0.21 per share, unchanged from the prior quarter, payable on June 30, to shareholders of record at the close of business on June 8. The company had increased its quarterly dividend from $0.19 per share to $0.21 per share in Q4.Shares of the company closed down 0.2% to $28.13 on Wednesday on the Toronto Stock Exchange.

Earnings Flash (MFI.TO) Maple Leaf Foods Reports Q1 Revenue $962.9M

Earnings Flash (MFI.TO) Maple Leaf Foods Posts Q1 Adjusted Basic EPS $0.34 per Share