Saputo's earnings call highlighted a strong start to fiscal 2026 with record adjusted EBITDA and robust revenue growth in key markets like Canada and the U.S. The company also demonstrated successful cost management and product innovation. However, challenges in the international sector, particularly with reduced milk availability in Australia and higher costs in Argentina, tempered the positive outlook.

Company Guidance

During the Saputo First Quarter 2026 Financial Results Call, the company provided guidance on various financial metrics, reflecting a strong start to the fiscal year. Consolidated revenues reached $4.6 billion, marking a 1% increase from last year, driven by higher selling prices and robust sales volumes, despite some commodity market challenges. The adjusted EBITDA was reported at $426 million, an 11% increase year-over-year, while net earnings totaled $165 million, with adjusted net earnings at $184 million, up 10%. Adjusted EPS grew by 13% to $0.44 per share, bolstered by share repurchases under the NCIB program. Operating cash flow surged by 66% to $317 million, supported by improved EBITDA and efficient working capital management. Capital expenditures amounted to $65 million, aligning with strategic investment plans. The company also improved its net debt to adjusted EBITDA ratio to 2.03, highlighting strong financial health. Looking forward, Saputo remains focused on sustainable growth, enhancing shareholder value, and expanding EPS through strategic commercial execution, cost discipline, and portfolio optimization, while continuing to invest in innovation and customer engagement.

Record First Quarter Adjusted EBITDA

Saputo reported a record first quarter adjusted EBITDA of $426 million, which was 11% higher compared to last year.

Solid Revenue Growth

Consolidated revenues increased to $4.6 billion, a 1% increase compared to last year, driven by higher selling prices and sales volume.

Strong Performance in Canada and U.S.

Canada and U.S. operations delivered meaningful improvements. Canada saw a 5% revenue increase, while U.S. revenues increased by 2%.

Improved Cash Flow and Shareholder Returns

Cash flow from operating activities was robust at $317 million, up 66% year-over-year. The company returned $202 million to shareholders through dividends and share repurchases.

SG&A Cost Efficiency

The company achieved significant SG&A cost efficiency due to cost optimization measures across various sectors.

Successful Product Innovation

Saputo introduced new products like Saputo's spicy mozzarella and expanded its Cheese Heads brand with successful launches.

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

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TSE:SAP Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2026 (Q2)	0.46 / -	0.37	―	―	―
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)	―	―
Feb 08, 2024	2024 (Q3)	0.39 / 0.38	0.53	-28.30% (-0.15)	―	―
Nov 09, 2023	2024 (Q2)	0.43 / 0.43	0.42	2.38% (+0.01)	―	―
Aug 10, 2023	2024 (Q1)	0.34 / 0.36	0.39	-7.69% (-0.03)	―	―

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
Aug 07, 2025	C$29.21	C$31.81	+8.90%
Jun 05, 2025	C$26.17	C$25.70	-1.80%
Feb 06, 2025	C$23.18	C$23.33	+0.65%
Nov 07, 2024	C$26.04	C$25.98	-0.23%

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 Nov 06, 2025, Before Open (Confirmed).

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

Saputo Inc. (TSE:SAP) earnings time is at Nov 06, 2025, 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 2026 (Q2) is 0.46.

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