Maple Leaf Foods booked improved sales and margins for its first fiscal quarter as the last of its further-processing plants slated for closure in 2011 completed its last production run. The Toronto meat processing firm on Thursday reported a net loss of $2.86 million on sales of $720.25 million for its quarter ending March 31, […] Read more
Maple Leaf results improve as Toronto plant shuts
Maple Leaf reduces Q4 loss, hikes dividend
Reuters — Meat processor Maple Leaf Foods reported a smaller, but still disappointing, quarterly loss on Thursday, as it worked through a plan to close older packing plants. Even so, the company will double its quarterly dividend to eight cents. CEO Michael McCain said the move reflected confidence in the business outlook. Maple Leaf, one […] Read more
Nearly-shuttered Maple Leaf plants still running for now
Two Maple Leaf Foods processing plants tapped in 2011 to close by the end of this year will stay open for a few months yet. Of six further-processing facilities slated for closure by the end of 2014 in the final phase of Maple Leaf’s “value creation plan,” the company’s Courtland Avenue deli and luncheon meat […] Read more
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