MONTREAL - Saputo Inc. says its net earnings came in at $157 million during the fourth quarter, up from $87 million during the same period last year.
That amounted to diluted net earnings per share of 38 cents during the quarter, up from 21 cents during the prior-year quarter.
The Montreal-based company reported revenue of $4.17 billion during the three months ended March 31, down year-over-year from $4.41 billion.
The company says the decline in revenue was driven by lower U.S. dairy commodity market pricing.
CEO Carl Colizza says the company has sharpened its portfolio to focus on higher-return opportunities.
Saputo announced a deal earlier this year to sell an 80 per cent stake in its dairy division in Argentina to Gloria Foods, the dairy and food holding company of Grupo Gloria.
This report by The Canadian Press was first published June 4, 2026.
Companies in this story: (TSX:SAP)
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