)
Overview
<ul>
<li>Canada specialty food producer’s Q1 revenue rose 25% yr/yr, slightly beating analyst expectations</li>
<li>Q1 adjusted EPS increased 19% to C$0.83, beating analyst expectations</li>
<li>Company completed Stampede Culinary Partners acquisition and sold Shaw Bakers stake post-quarter</li>
</ul>
Outlook
<ul>
<li>Company maintains 2026 revenue guidance range of C$9.25 bln to C$9.55 bln</li>
<li>Premium Brands maintains 2026 adjusted EBITDA guidance range of C$870 mln to C$910 mln</li>
<li>Company expects to exceed 2027 targets of C$10 bln revenue and C$1 bln adjusted EBITDA</li>
</ul>
Result Drivers
<ul>
<li>ORGANIC GROWTH - Specialty Foods segment drove Q1 results with organic volume growth, especially in U.S. protein, sandwiches and baked goods initiatives</li>
<li>ACQUISITIONS - Business acquisitions, including Stampede Culinary Partners, contributed C$280.5 mln to Specialty Foods revenue growth</li>
<li>PRICE INCREASES - Selling price increases were implemented to offset higher beef raw material costs Company press release:</li>
</ul>
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q1 Slight C$2.10 C$2.08
Revenue Beat* bln bln (11
Analysts
)
Q1 Beat C$0.83 C$0.76
Adjusted (11
EPS Analysts
)
*Applies to a deviation of less than 1%; not applicable for per-share numbers. For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Canada's Premium Brands Q1 revenue rises, slightly beats estimates