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Maple Leaf Raising Prices

Maple Leaf Foods has announced they plan to raise prices shortly, to offset rising raw material costs. The company says margins have narrowed, offsetting other favourable market conditions. On an adjusted basis, Maple Leaf earns 41 cent per share, up from 32 cents in the same quarter last year. Sales for the three months ending June 30th totalled almost $1B, up approximately $150M from a year ago.

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Rogers Centre in Toronto before a game between the Blue Jays and Baltimore Orioles, August 7, 2024. Photo by Mark Brown/WindsorNewsToday.ca

Scoreboard, May 13

The Toronto Blue Jays lost 7-6 in 10 innings to Tampa Bay. The Kitchener Rangers are OHL champions.