Welcome to our dedicated page for Sunopta news (Ticker: STKL), a resource for investors and traders seeking the latest updates and insights on Sunopta stock.
SunOpta Inc. (STKL) delivers organic and plant-based food solutions through its vertically integrated supply chain. This news hub provides investors and industry professionals with timely updates on corporate developments, financial performance, and market positioning in the rapidly growing natural foods sector.
Access official press releases covering quarterly earnings, new product launches, and sustainability initiatives alongside strategic partnerships. The curated collection enables stakeholders to monitor SunOpta's progress in key areas like non-GMO beverage innovation and sustainable agricultural practices.
Discover updates spanning operational expansions, quality certifications, and leadership changes that impact the company's role as a provider of private-label and branded organic products. Content is organized for efficient navigation while maintaining compliance with financial disclosure standards.
Bookmark this page for ongoing insights into SunOpta's market strategies and operational milestones within the $200B global organic food industry. Verify critical information directly through SEC filings and company-issued communications linked where available.
SunOpta Inc. (NASDAQ:STKL) will release its financial results for Q1 2023 on May 10, 2023, after market close. A conference call to discuss these results and recent developments will be held at 5:30 p.m. Eastern Time. Interested investors can access the live webcast via the Company’s website or directly here. The call will also include a question-and-answer session. The Company focuses on sustainable, plant-based and fruit-based foods and beverages, operating nearly 50 years in the industry. SunOpta produces both its own brands and private label products.
SunOpta Inc. (NASDAQ: STKL) announced the appointment of Diego Reynoso to its Board of Directors, adding expertise in finance and operations from the food and spirits industry. Reynoso, who has over 25 years of experience, currently serves as CFO of Tyson Foods' Prepared Foods division and previously led Constellation Brands' $5 billion beer division. The Board is confident that his background in sustainability and innovation will enhance the company's growth strategy in the plant-based foods sector. With this addition, SunOpta's Board now consists of eight members.
SunOpta Inc. (NASDAQ:STKL) has announced an analyst and investor meeting at its new plant-based beverage facility in Midlothian, Texas, scheduled for April 11, 2023, at 11:00 a.m. Eastern Time. The event will feature a live webcast available on the company's website under 'Investor Relations', with a replay accessible for 90 days. Due to capacity limitations, in-person attendance is restricted, and interested parties should contact investors@sunopta.com for invitations. SunOpta is a pioneer in sustainable plant-based and fruit-based food products.
SunOpta Inc. (Nasdaq:STKL) reported a 4Q 2022 revenue increase of 8.4% to $221.3 million, driven by 10.8% growth in plant-based products and 4.5% in fruit-based products. Notably, excluding the divested sunflower business, plant-based revenue surged by 23.5%. Consolidated gross profit rose 56.4% to $28.2 million, with adjusted EBITDA skyrocketing 122.7% to $23.5 million. The net loss from continuing operations shrank to $0.9 million from $6.1 million a year ago. For 2023, revenue is projected between $1,000 and $1,050 million, suggesting a growth rate of 7% to 12%.
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