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Saputo Inc. (SAP) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Aug 06, 2026

Before Open (Confirmed)

Period Ending

2027 (Q1)

Consensus EPS Forecast

0.47

Last Year’s EPS

0.44

Same Quarter Last Year

Analyst Consensus

Strong Buy

Based on 8 Analysts Ratings

Earnings Call Summary

Q3 2026

Earnings Call Date:Feb 05, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call emphasized strong operational execution, significant margin expansion, robust cash generation and meaningful sector-level improvements (Canada, U.S. ingredients, International and Europe). These positives outweigh the near-term revenue pressure from commodity price effects, continued market volatility due to abundant milk supply, and higher operating costs. Management conveyed confidence in continued investments, share repurchases and the ability to capture protein-driven demand while acknowledging ongoing short-term headwinds.

Company Guidance

Management guided that U.S. dairy market volatility is likely to persist through the remainder of the fiscal year and into FY27, but reiterated confidence in long‑term protein demand and the company’s ability to invest and grow: Q3 adjusted EBITDA was $492M (up 18% or $75M) on $4.9B revenue (−2%), net earnings $220M, adjusted net earnings $235M (up 41%) and adjusted EPS $0.57 (up 46%); Q3 net cash from operations was $401M (YTD $1.1B), net debt/adjusted EBITDA improved to 1.76x, and the company returned $646M YTD to shareholders (including NCIB repurchase of 12.6M shares). Management signaled continued capital allocation to organic growth, ingredients and selective M&A—CapEx for FY27 is expected north of $400M—and highlighted major project metrics (≈$180M Waupun upgrade with ~35% higher WPC80 output; Franklin consolidation boosting output ~30%; Green Bay closure), plus segment results (Canada revenue +4% with Adj. EBITDA $189M, +8%; U.S. revenue $2.1B, −7%, Adj. EBITDA $185M, +16%; International revenue $994M, −3%, Adj. EBITDA $82M, +61%; Europe revenue $336M, +8%, Adj. EBITDA $36M, 11% margin) and a target posture toward high‑single to double‑digit U.S. EBITDA margins as efficiencies are fully realized.

Adjusted EBITDA Growth and Margin Expansion

Adjusted EBITDA increased 18% ($75M) to $492M; adjusted margin expanded to 10.1% from 8.4% a year ago (+1.7 percentage points), reflecting cost discipline and operational efficiencies.

Strong Adjusted Net Earnings and EPS Improvement

Adjusted net earnings rose 41% to $235M and adjusted EPS increased 46% to $0.57, benefiting from stronger earnings and share repurchases.

Robust Cash Generation and Balance Sheet Strength

Net cash from operations was $401M for the quarter and $1.1B year-to-date; net debt-to-adjusted EBITDA improved to 1.76x (below the long-term target), supporting capital returns and investment flexibility.

Shareholder Returns

Returned $646M to shareholders year-to-date via dividends and repurchase of 12.6M shares under NCIB, demonstrating active capital allocation.

Canada Sector Outperformance

Canada revenue up 4% (5% year-to-date) with adjusted EBITDA up 8% to $189M; second consecutive quarter of record profitability driven by higher volumes, favorable mix (value-added milk, cheese, cultured products), pricing and automation efficiency.

U.S. Operational and Ingredient Capacity Gains

U.S. adjusted EBITDA rose 16% to $185M despite commodity headwinds; investments in ingredients (Waupun whey upgrades increasing WPC80 output ~35% and new lactose dryer) and network consolidation (Green Bay to Franklin) boosted capacity and cost competitiveness.

International and Europe Margin Recovery

International adjusted EBITDA up 61% to $82M on higher volumes and favorable price-to-milk-cost relationship; Europe revenue up 8% to $336M and adjusted EBITDA up 16% to $36M with margin at 11%, aided by branded portfolio investments and operational consolidation (Nuneaton).

Category Wins and Commercial Momentum

Strong commercial execution highlighted by new partnerships (value-added milk), exceptional holiday cream execution (heavy cream +7% growth), mozzarella growth, cottage cheese share gains and branded wins (Cathedral City household penetration).

Network Modernization Delivering Efficiencies

Capital investments and automation are translating into improved fill rates, ~30% output boost at Franklin, earlier efficiencies from a consolidated Midwest warehouse and lower unit costs from production automation.

CapEx and Growth Investment Capacity

Management signals capacity to invest in growth (organic and M&A) with FY27 capex expected to be north of $400M, leveraging strong cash flow and lower net leverage.

Saputo Inc. (TSE:SAP) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TSE:SAP Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 06, 2026	2027 (Q1)	0.47 / -	0.44	―	―	―
Jun 04, 2026	2026 (Q4)	0.39 / 0.41	0.3	36.67% (+0.11)		―
Feb 05, 2026	2026 (Q3)	0.54 / 0.57	0.39	46.15% (+0.18)	―	―
Nov 06, 2025	2026 (Q2)	0.46 / 0.48	0.37	29.73% (+0.11)	―	―
Aug 07, 2025	2026 (Q1)	0.38 / 0.44	0.39	12.82% (+0.05)	―	―
Jun 05, 2025	2025 (Q4)	0.34 / 0.30	0.37	-18.92% (-0.07)	―	―
Feb 06, 2025	2025 (Q3)	0.40 / 0.39	0.38	2.63% (+0.01)	―	―
Nov 07, 2024	2025 (Q2)	0.38 / 0.37	0.43	-13.95% (-0.06)	―	―
Aug 08, 2024	2025 (Q1)	0.37 / 0.39	0.36	8.33% (+0.03)	―	―
Jun 06, 2024	2024 (Q4)	0.36 / 0.37	0.47	-21.28% (-0.10)	―	―

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:SAP Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jun 04, 2026	C$42.50	C$42.63	+0.33%
Feb 05, 2026	C$42.12	C$42.34	+0.52%
Nov 06, 2025	C$33.58	C$34.85	+3.79%
Aug 07, 2025	C$28.79	C$31.36	+8.92%

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 Saputo Inc. (TSE:SAP) report earnings?

Saputo Inc. (TSE:SAP) is schdueled to report earning on Aug 06, 2026, Before Open (Confirmed).

What is Saputo Inc. (TSE:SAP) earnings time?

Saputo Inc. (TSE:SAP) earnings time is at Aug 06, 2026, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TSE:SAP EPS forecast?

TSE:SAP EPS forecast for the fiscal quarter 2027 (Q1) is 0.47.