Saputo earnings date, guidance and results
Saputo's next results are expected on November 5, 2026. Watch whether working capital turns back into cash and capital spending advances as planned.
What has Saputo guided for the year?
Management guides to C$515 million of capital expenditures for the year to March 2027. Those projects have not yet demonstrated their full returns. It expects C$114 million of contributions to defined contribution plans.
| Period guided | Low | High | Date given | |
|---|---|---|---|---|
| Capital expenditures | Year to Mar 2027 | 515 | 515 | Aug 6, 2026 |
| Contributions to defined contribution plans | Year to Mar 2027 | 114 | 114 | Jun 4, 2026 |
Did Saputo keep its past promises?
Management also has a record of missed promises. Saputo reaffirmed a C$2.125 billion adjusted-EBITDA target for fiscal 2025, but reported C$1.565 billion. Later improvements in manufacturing and the Waupun protein operation are encouraging, yet they do not erase that shortfall.
What has Saputo's last eight quarters shown?
The June 30, 2026 quarter extended the earnings recovery, but the Argentina disposal obscured the headline result and cash conversion weakened.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,421 | 4,173 | 4,590 | 4,432 | 4,356 | 4,414 | 4,648 | 4,406 |
| Operating income | 278 | 241 | 314 | 259 | 245 | 152 | -419 | 215 |
| Net income | 183 | 157 | 209 | 167 | 157 | 87 | -496 | 137 |
| EPS, diluted | 0.45 | 0.38 | 0.51 | 0.40 | 0.38 | 0.21 | -1.17 | 0.32 |
| Cash from operations | 151 | 510 | 262 | 340 |
What this means. Some older cash figures include Argentina while the sales and profit figures exclude it, so those quarters do not compare the same business.
What should I watch in Saputo's next results?
The next results and disposals will reveal whether Saputo’s investment plan is strengthening the business or merely moving cash between competing needs.