Maple Leaf Foods management commentary attributes Q3 2026 earnings decline to forgone pork operations earnings

• Maple Leaf Foods management commentary attributed third-quarter 2026 earnings of CAD 22.3 million, down 48.1%, to forgone earnings from divested pork operations.
• Adjusted EBITDA rose 15.4% to CAD 128.9 million, supported by favorable product mix, improved operating efficiency and lower administrative expenses.
• Sales increased 2.4% to CAD 1.03 billion as improved poultry channel mix and pricing offset weaker industrial volumes.
• Restructuring costs rose to CAD 13.6 million, reflecting plant protein manufacturing consolidation and administrative reorganization.
• Operating cash flow reached CAD 200.2 million, helped by working capital timing and CAD 35 million in incremental receivables sold through securitization.

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