{"id":513873,"date":"2026-03-04T14:29:12","date_gmt":"2026-03-04T14:29:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/513873\/"},"modified":"2026-03-04T14:29:12","modified_gmt":"2026-03-04T14:29:12","slug":"canada-packers-reports-23-2m-q4-profit-sales-edged-higher","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/513873\/","title":{"rendered":"Canada Packers reports $23.2M Q4 profit, sales edged higher"},"content":{"rendered":"<p>MISSISSAUGA \u2014 Canada Packers Inc. reported a fourth-quarter profit of $23.2 million as its sales edged higher compared with a year earlier.<\/p>\n<p>The company says the profit amounted to 78 cents per diluted share for the quarter ended Dec. 27 compared with a profit of $50.6 million or $1.70 per diluted share in the fourth quarter of 2024.<\/p>\n<p>Sales totalled $429.4 million, up from $424.0 million a year earlier.<\/p>\n<p>The company says the increase was driven by increased volumes, higher average hog weights and favourable market pricing. <\/p>\n<p>On an adjusted basis, Canada Packers says it earned 63 cents per share in its latest quarter, down from an adjusted profit of 79 cents per share a year earlier.<\/p>\n<p>Canada Packers is the pork operations of Maple Leaf Foods Inc. that were spun off into a new stand-alone company last year.<\/p>\n<p>This report by The Canadian Press was first published March 4, 2026.<\/p>\n<p>Companies in this story: (TSX:CPKR, TSX:MFI)<\/p>\n<p>The Canadian Press<\/p>\n","protected":false},"excerpt":{"rendered":"MISSISSAUGA \u2014 Canada Packers Inc. reported a fourth-quarter profit of $23.2 million as its sales edged higher compared&hellip;\n","protected":false},"author":2,"featured_media":513874,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[49,48,44],"class_list":{"0":"post-513873","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-canada","8":"tag-ca","9":"tag-canada","10":"tag-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/513873","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=513873"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/513873\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/513874"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=513873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=513873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=513873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}