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Rogers Sugar Inc T.RSI

Alternate Symbol(s):  RSGUF | T.RSI.DB.E | T.RSI.DB.F

Rogers Sugar Inc. is a provider of sugar products to the Canadian market. The Company operates through two segments: Sugar, which includes refined sugar and by-products, and Maple, which includes maple syrup and maple derived products. The Company operates through its wholly owned subsidiaries, Lantic Inc. (Lantic) and The Maple Treat Corporation (TMTC). Lantic sugar products include granulated, icing, cube, yellow and brown sugars, liquid sugars and specialty syrups. Lantic also operates a distribution center in Toronto, Ontario. Lantic operates cane sugar refineries in Montreal, Quebec and Vancouver, British Columbia, as well as the Canadian sugar beet processing facility in Taber, Alberta. TMTC products include maple syrup and derived maple syrup products supplied under retail private label brands in over 50 countries and are sold under various brand names. TMTC operates bottling plants in Granby, Degelis and St-Honore-de-Shenley, Quebec and in Websterville, Vermont.


TSX:RSI - Post by User

Comment by DeanEdmontonon Feb 06, 2021 2:39pm
212 Views
Post# 32493575

RE:RE:Results are not good

RE:RE:Results are not goodboomtimeer I am not referring to missing analysts estimates, I am talking about the companies actual performance quarter over quarter. For just a simple measure take a look back over 4 years and compare the gross margin on sales and how much it has dropped. In Sept 2016 it was 22.7%, Sept 2019 it was 15.4%, Sept 2020 it is 14.7%. Yes sales are way up, but that is the only thing trending positive. Gross margin is slipping and expenses are growing faster than sales. That is a really bad longterm trend.
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