MISSISSAUGA – Canada Packers Inc. reported a first-quarter profit of $43.8 million, compared with $34.1 million in the same quarter a year ago.
The company says the profit amounted to $1.46 per diluted share for the quarter ended March 28, compared with $1.15 per diluted share in the first quarter of 2025.
Sales totalled $428.3 million, down from $452 million a year earlier.
On an adjusted basis, Canada Packers says it earned 54 cents per share in its latest quarter, down from an adjusted profit of 89 cents per share a year earlier.
Chief executive Dennis Organ says the company’s strong operating performance helped offset year-over-year currency headwinds.
Canada Packers is the pork operations of Maple Leaf Foods Inc. that was spun off into a new stand-alone company in October 2025.
This report by The Canadian Press was first published April 30, 2026.
Companies in this story: (TSX:CPKR)
