Maple Leaf Foods releases transcript of Q2 2026 results conference call

• Maple Leaf Foods held its Q2 2026 results call with CEO Curtis Frank, CFO David Smales, IR head Omar Javed, analysts.
• Reaffirmed 2026 outlook: mid-single-digit revenue growth, adjusted EBITDA CAD 520 million–CAD 540 million, capex CAD 160 million–CAD 180 million.
• Q2 sales CAD 1.02 billion rose 1.6%; adjusted EBITDA CAD 137.1 million rose 4.8%; adjusted EBITDA margin expanded 40 bps to 13.4%.
• Prepared Foods sales fell 2% on pricing-related volume response, higher trade spend, private-label roll-off; management expects normalization as pricing digests.
• Poultry sales rose 7.1% on volume, mix, pricing; net debt-to-trailing 12-month adjusted EBITDA was 2.2x; CAD 78 million returned via dividends and NCIB.

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