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Article: Maple Leaf Foods Reports Third Quarter Financial Results.
- Article from:
- PR Newswire
- Article date:
- October 28, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TORONTO, Oct. 28 /PRNewswire-FirstCall/ -- Maple Leaf Foods Inc. (TSX: MFI) today reported its financial results for the third quarter ended September 30, 2009.
- Adjusted EPS increased 62% to $0.21 compared to $0.13 last year
- Adjusted Operating Earnings increased 53% to $63.0 million from
$41.1 million last year
- Net earnings of $22.5 million compared to a net loss of $12.9 million
last year
- Sales declined 4% to $1.3 billion largely due to lower fresh meat
prices
- Launched innovative new products to support sales and margin growth
Note: Adjusted Operating Earnings measures are defined as earnings from
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