Maple Leaf Foods reports Q1 profit of $51.6M, up from last year's loss, with revenues at $1.15B.
Maple Leaf Foods reported a Q1 profit of $51.6M, compared to a loss in the same period last year, with revenues at $1.15B, slightly down from $1.17B in Q1 2022. The company's profit was attributed to strong sales of prepared meat, though this was offset by a decline in plant protein and poultry sales. Overall, sales in the company's prepared foods operating unit fell by 0.4% compared to a year ago.
May 02, 2024
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