Saputo Inc. sees earnings double in third quarter amid higher prices

Saputo says the uptick in revenues reflects pricing initiatives across all its sectors, higher prices in the U.S. sector, and higher international dairy prices.

The company says its earnings were negatively impacted by restructuring costs of $27 million as part of its previously announced consolidation initiatives. The company recently announced major changes to its operations, including permanently closing three facilities in the U.S., building a new packaging facility and expanding its string cheese operations.

Because cheese is not expensive enough…

But Covid

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Saputo Inc. sees earnings double in third quarter amid higher prices - Montreal | Globalnews.caSaputo says the uptick in revenues reflects pricing initiatives across all its sectors, higher prices in the U.S. sector, and higher international dairy prices.
Source: GlobalNational - 🏆 81. / 51 Read more »

Freshii shareholders approve acquisition by Montreal-based Foodtastic - BNN BloombergFreshii Inc. says its shareholders have approved the sale of the healthy fast-food chain to Montreal-based Foodtastic Inc. Public at 11.50 and bought out for 2.30. Another brutal TSX scam IPO.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Freshii shareholders approve acquisition by Montreal-based FoodtasticFreshii Inc. says its shareholders have approved the sale of the healthy fast\u002Dfood chain to Montreal\u002Dbased Foodtastic Inc.
Source: TheTorontoSun - 🏆 23. / 68 Read more »