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Supremex Announces Normal Course Issuer Bid
The company reported adjusted EPS of $7.45 and said the buyback will return capital after operating cash flow rose to $77.8 million.
On Friday, August 7, 2026, Lassonde Industries Inc. announced second quarter 2026 financial results, reporting sales of $737.7 million and operating profit of $40.0 million amid macroeconomic headwinds.
Softer consumer demand and a strong prior-year comparison pressured results, with profit attributable to shareholders declining $7.4 million or 21.6% from the same quarter in 2025.
Operating profit fell $16.6 million from last year, driven by $30.2 million in impairment charges and $5.8 million in increased transportation costs, partially offset by higher gross profit.
The Board of Directors declared a quarterly dividend of $1.25 per share, payable on September 15, 2026, to registered holders of Class A and Class B shares as of August 18, 2026.
Management plans to allocate approximately US$96 million for a new New Jersey plant as part of capital expenditures reaching up to 7.0% of 2026 sales to support its multi-year strategy.