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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 reported strong financial results for Q2 2022, with revenue increasing 20.4% year-over-year to $243.5 million. Plant-based revenues surged 31.0%, driven by oat-based offerings, while fruit-based revenues grew 7.4%. Gross profit rose by $8.6 million to $34.9 million, yielding a gross margin of 14.3%. Net earnings reached $2.5 million, a turnaround from a $0.9 million loss last year. Adjusted EBITDA increased 38.4% to $22.3 million. The company raised its 2022 revenue guidance to $930-$960 million.
SunOpta Inc. (STKL) announced it will release its financial results for Q2 2022 on August 10, 2022, after the market closes. A conference call will follow at 5:00 PM Eastern Time to discuss the results and recent corporate developments. Interested investors can access the live webcast via SunOpta’s website. Established nearly 50 years ago, SunOpta is a leader in sustainable, plant-based and fruit-based food and beverages, producing natural and organic products for both retail and foodservice sectors.
SunOpta Inc. (Nasdaq:STKL) hosted its 2022 Investor Day, revealing a strong financial outlook. Projected revenue is expected to rise to
SunOpta Inc. (Nasdaq: STKL) announced the election of directors during its annual meeting on May 26, 2022. Key results include Dr. Albert Bolles receiving 69.58% approval, while Joseph Ennen had 97.33%. Other elected directors include Rebecca Fisher, R. Dean Hollis, Katrina Houde, Leslie Starr Keating, Kenneth Kempf, and Mahes Wickramasinghe, all achieving over 95% approval. SunOpta is focused on sustainable, plant-based, and fruit-based food products and operates various brands in retail and foodservice channels.
SunOpta Inc. (NASDAQ: STKL) announced participation in two investor conferences: the BMO Global Farm to Market Conference on May 18-19, 2022, and the Cowen 6th Annual Future of the Consumer Conference on May 24-25, 2022, both in New York, NY. CEO Joseph Ennen and CFO Scott Huckins will participate in fireside chats on May 19 at 12:30 PM and May 25 at 2:05 PM, respectively. Live webcasts will be available on the company's website, with replays accessible for 30 days post-event.
SunOpta reported first-quarter 2022 revenue of $240.2 million, a 15.7% increase from the previous year, driven by 13.4% growth in plant-based foods and 18.7% in fruit-based foods. Gross profit reached $28.0 million, but gross margin decreased to 11.7% due to inflationary pressures. Adjusted EBITDA was $15.6 million, down 14.7% year-over-year. Despite challenges, the company is on track with major capacity expansion projects and reaffirms its 2022 revenue outlook of $890 million to $930 million. Net earnings were $0.7 million, down from $1.7 million in the prior year.
SunOpta (NASDAQ: STKL) announced it will release its financial results for Q1 2022 on May 11, 2022, after market close. A conference call will follow at 5:00 PM ET to discuss the results and corporate developments. Investors can access the live webcast via the company’s website or by phone using Conference ID: 8338433. With nearly 50 years in the market, SunOpta focuses on sustainable plant-based and fruit-based food and beverages, producing organic products under its own brands and for retail and foodservice channels.
SunOpta (NASDAQ: STKL) reported significant strides in sustainability, aiming to double its plant-based business by 2025. Key achievements include zero waste to landfill at three facilities and a commitment to reduce electricity by 40%, natural gas by 30%, and water use by 25% over eight years. The 2021 Environmental, Social and Governance (ESG) Report highlights progress in product diversity, including 300 organic products, and a focus on environmental stewardship with 97.7% recyclable packaging. The company aims for a 45% representation of female leaders by 2025, emphasizing diversity and accountability in governance.
SunOpta has unveiled a new 65,000-square-foot headquarters in Eden Prairie, Minn., aimed at fostering innovation and sustainability. This facility is designed to double the company’s plant-based business by 2025, having already added over $100 million in the last two years. The eco-friendly center includes a pilot plant, R&D space, and significant green features like solar panels and renewable materials. CEO Joe Ennen emphasizes that this move supports continued growth by enhancing collaboration and attracting top talent.
SunOpta (NASDAQ:STKL) will host its Investor Day on June 2, 2022, from 9:00 AM to 12:00 PM CT in Eden Prairie, Minnesota. The management team will discuss the company's strategy to enhance growth and profitability in the sustainable, plant-based food sector. Key presenters include CEO Joe Ennen and CFO Scott Huckins. The event will take place at the new innovation center located at 7078 Shady Oak Road. Interested investors can access a live webcast via SunOpta's website, with an archived replay available for 90 days.
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