Lassonde (TSE:LAS.A)
TSX:LAS.A
Earnings Data
Report Date
May 08, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
4Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a largely positive outlook driven by record annual results, strong Q4 profitability and margin expansion, market share gains, improved working capital and reduced leverage. These strengths are balanced against execution and cost pressures: integration hiccups at Summer Garden (contained), commodity and geopolitical input-cost uncertainty, substantial near-term CapEx (New Jersey facility) with associated ramp-up costs, and softer category volumes. Management emphasized disciplined pricing, innovation to reduce commodity exposure, and prudent capital allocation while targeting $3B sales in 2026.Company Guidance
Record Year — Sales and Profitability
Delivered a record year for Lassonde: annual sales of $2.9B, up 12.8% YoY; adjusted profit attributable to shareholders $156M ($22.82 per share) versus $130M ($19.05) prior year.
Quarterly Revenue Growth
Q4 sales increased 4.1% year-over-year to $768M (growth described as fully organic with negligible FX impact).
Strong Gross Profit Expansion
Gross profit reached $225M in Q4, up 17% from $193M a year ago, driven by selling price adjustments, favorable U.S. sales mix and absence of prior year start-up/disruption costs.
Adjusted EBITDA and Margin Expansion
Adjusted EBITDA in Q4 increased 28% to $102M (13.3% of sales) from $80M (10.8%), a 250 basis-point margin expansion; annual adjusted EBITDA reached $344M (11.7% of sales) vs $276M (10.6%).
Record Quarterly EPS
Adjusted profit attributable to shareholders in Q4 was $51M, or $7.52 per share — the highest quarterly adjusted EPS on record, up ~47% YoY.
Improved Working Capital and Cash Generation
Days operating working capital fell to 43 days from 55 in Q3; Q4 operating cash flow generated $122M (vs $76M prior year), supporting liquidity and operations.
Leverage Reduction
Net debt decreased to $489M from $550M the prior quarter; net debt to adjusted EBITDA improved to 1.41x from 1.71x, expected to remain below 2.0x through 2026.
Market Share Gains Despite Soft Category
Gained market share in both U.S. and Canadian beverage categories in Q4 while categories declined mid-single digits, driven by branded SKU focus, single-serve and juice box investments, and private label build-back.
Operational Investments and On-Schedule New Facility
New New Jersey facility construction progressing on budget and on schedule; plan to begin transferring production late 2026 and complete early 2027 — supports capacity and cost improvements.
Food Service and Specialty Progress
Food Service had another strong quarter with volume gains and progress on bag-in-a-box aseptic line deployment; specialty food legacy operations delivered solid sales and profit growth on premium pasta sauces and soups.
Leadership and Organizational Strengthening
Key senior hires and appointments: Francis Trudeau (EVP Finance, planned CFO transition), Minh Quan Dam (CIO), and leadership appointments in Specialty Food (President and CMO) to support growth, innovation and digital/IT initiatives.
2026 Sales Target and Strategic Focus
Company expects to achieve its $3B sales goal for 2026 (excluding FX and barring major disruptions) while emphasizing profitable, sustainable growth and cash generation.
TSE:LAS.A Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:LAS.A Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 26, 2026 | C$203.00 | C$229.00 | +12.81% |
Nov 06, 2025 | C$210.85 | C$212.84 | +0.94% |
Aug 07, 2025 | C$216.46 | C$218.39 | +0.89% |
May 08, 2025 | C$203.75 | C$206.77 | +1.48% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Lassonde (TSE:LAS.A) report earnings?
Lassonde (TSE:LAS.A) is schdueled to report earning on May 08, 2026, TBA (Confirmed).
What is Lassonde (TSE:LAS.A) earnings time?
Lassonde (TSE:LAS.A) earnings time is at May 08, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What is TSE:LAS.A EPS forecast?
Currently, no data Available