Maple Leaf Foods Inc T.MFI

Alternate Symbol(s): MLFNF

Consumer Defensive Packaged Foods

Maple Leaf Foods Inc. is a carbon neutral company. Its portfolio includes prepared meats, ready-to-cook and ready-to-serve meals, snacks kits, value-added fresh pork and poultry, and plant protein products. It produces food products under brands, including Maple Leaf, Maple Leaf Prime, Maple Leaf Natural Selections, Schneiders, Schneiders Country Naturals, Mina, Greenfield Natural Meat Co., Lightlife, Field Roast and others. Its featured Schneiders products include Schneiders Red Hots Original Wieners; Schneiders Smoked Maple Ham; Schneiders Thick Cut Hickory Smoked Bacon; Schneiders Deli Best Hardwood Smoked Olde Fashioned Ham, and others. Its featured Greenfield Natural Meat Co. products include Greenfield Natural Meat Co. Bacon; Greenfield Natural Meat Co. Breakfast Sausage Rounds; Greenfield Natural Meat Co. Baked Honey Ham; Greenfield Natural Meat Co. Natural Pepperoni Pizza Lunch Kit, and others. It does business in Canada, the United States and Asia.

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Maple Leaf Foods Inc > Recent analyst reports or revised price targets?

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Comment by Puma1backon Nov 13, 2024 7:59am

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Post# 36309823

RE:RE:Recent analyst reports or revised price targets?

well, adjusted eps was 13 cents last year as identified below, but this year's came in at 18 cents so below National's 22 cents and the consensus.

biggest elephant in the room here imo would be tariffs: China's response to Trump's last round of tariffs back around 2018 was to hit their Agriculture- China loves hitting that segment as retaliation- pork imports to China were clobbered.

so just as the North American pork markets finally get better aligned, they will likely get side swipped. I wouldn't be surprised if the spin off was affected if Trump moves fast on tariffing China.

Puma1back wrote:
National Bank Previews Maple Leaf Foods' Q3

MT Newswires - Oct 08, 2024 12:48 PM EDT

12:48 PM EDT, 10/08/2024 (MT Newswires) -- Maple Leaf Foods is expected to report third quarter results on November 13. National Bank is projecting third quarter EPS of .22 versus consensus at .24. Last year was .13.

Analyst Vishal Shreedhar's expectation for third quarter EPS improvement reflects higher sales and gross margin rate expansion, partly offset by higher SG&A (increased advertising and promotion), and higher interest expense. He is also modeling third quarter gross margin expansion of 240 bps, reflecting an improvement in the pork complex, remaining benefits from MFI's major capital projects, and favourable mix (reduced sales into the lower margin commodities market).

Maintain Outperform rating; price target is $28.