07:53 AM EDT, 05/08/2025 (MT Newswires) -- Maple Leaf Foods ( MLFNF ) on Thursday reported higher first-quarter adjusted income and sales.

The company said adjusted earnings per share, which excludes most one-time items, was $0.43 compared with $0.04 last year, topping the consensus analyst estimate of $0.27 per share, according to FactSet.

Sales rose 8.2% to $1.24 billion over the same period, with prepared foods, poultry, and pork operating units all posting increases. The result also beat analyst expectations of $1.19 billion.

Maple Leaf continues to expect revenue growth in the mid-single-digit range for 2025.

"2025 marks the beginning of a bold new chapter as we advance our strategic blueprint and take the next steps to unlock Maple Leaf Foods ( MLFNF ) as a focused, purpose-driven and protein-centric consumer packaged goods company, and unleash Canada Packers as a global leader in sustainably produced, premium quality, value-added pork products," said Chief Executive Curtis Frank.

On June 30, the company will pay a dividend of $0.24 per share, $0.02 higher than the dividend paid in last year's first quarter.