SunOpta Announces Second Quarter Fiscal 2020 Financial Results

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/23/2026

1. RNG
2. WDC
3. DECK
4. BYD
5. WCN
6. SPOT
7. BMY
8. FIX
9. TSCO
10. BE

Go back to SunOpta Announces Second Quarter Fiscal 2020 Financial Results

SunOpta (STKL) Tops Q2 EPS by 4c, Revenues Beat

August 5, 2020 7:35 AM EDT

SunOpta (NASDAQ: STKL) reported Q2 EPS of ($0.02), $0.04 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $310.9 million versus the consensus estimate of $293.56 million.

Second Quarter 2020 Highlights:

Revenues of $310.9 million for the second quarter of 2020, compared to $293.0 million in the second quarter of 2019, an increase of 6.1%. Adjusted for foreign exchange and commodity prices, revenues grew by 5.8%.Gross margin increased 350 basis points to 12.8% from 9.3% in the prior year.Earnings attributable to common shareholders was a loss of $1.6 million or $0.02 per diluted common share... More