financetom
Business
financetom
/
Business
/
Rogers Sugar Posts Q3 Earnings and Revs Beat; Says Tariffs Having "Limited Impact" So Far
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Rogers Sugar Posts Q3 Earnings and Revs Beat; Says Tariffs Having "Limited Impact" So Far
Aug 12, 2025 5:49 AM

08:15 AM EDT, 08/12/2025 (MT Newswires) -- Rogers Sugar ( RSGUF ) on Tuesday reported a third quarter earnings beat on higher than expected revenues, as it said "the current market volatility associated with the trade conditions related to the new US tariffs on imports has had a limited impact on our business and the business of our customers thus far", but added it is "closely monitoring this evolving situation".

Consolidated adjusted net earnings for the third quarter amounted to $17.0 million or $0.13, compared to $16.3 million or $0.13 a year earlier. It beat the forecast at FactSet of $0.11.

Revenues were $313.761 million compared to $309.091 million, and beating a forecast $307 million.

Consolidated adjusted EBITDA for the quarter rose to $36.6 million, driven by strong performance in the company's Maple and Sugar segments

Also, the company announced that its Board of Directors has authorized a declaration of a quarterly dividend of $0.09 per share to be paid to shareholders of record on September 26, 2025, payable on October 15, 2025.

"Our strong performance reflects the steady underlying demand for our sweeteners combined with the work we have done over the years in optimizing the business," said Mike Walton, President and Chief Executive Officer of Rogers and Lantic Inc.

RSI edged down $0.01 to $5.71 on the TSX yesterday.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
America Movil Reportedly Plans to Buy Some Grupo Salinas Colombian Telecom Assets
America Movil Reportedly Plans to Buy Some Grupo Salinas Colombian Telecom Assets
Mar 13, 2026
05:17 AM EDT, 03/13/2026 (MT Newswires) -- America Movil ( AMX ) is looking to acquire certain Grupo Salinas telecom operations in Colombia, news outlets reported Thursday. The company's Claro unit has submitted a pre-evaluation request to the Colombian competition authority to potentially integrate its business with Azteca Comunicaciones, including the acquisition of a fiber-optic network, Bloomberg News reported, citing...
Form 8.3
Form 8.3
Mar 13, 2026
LONDON--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Computershare Trustees (Jersey) Limited as trustee of the Schroders Employee Benefit Trust (b) Owner or controller of interests and short positions disclosed,...
Market Chatter: Snapchat, TikTok Usage Continues Among Australian Teens Despite Social Media Ban
Market Chatter: Snapchat, TikTok Usage Continues Among Australian Teens Despite Social Media Ban
Mar 13, 2026
05:44 AM EDT, 03/13/2026 (MT Newswires) -- Snap's (SNAP) Snapchat and TikTok are among the social media apps that are seeing continued usage by Australian teenagers aged under 16 years two months after the country banned platforms from allowing minors, Reuters reported Friday, citing industry data. Although the number of 13-to-15-year-olds using these apps dropped from before the ban took...
Adobe shares drop after CEO exit adds to AI-disruption concerns
Adobe shares drop after CEO exit adds to AI-disruption concerns
Mar 13, 2026
March 13 (Reuters) - Adobe's shares plunged 9% in premarket trading on Friday after the Photoshop maker said CEO Shantanu Narayen would step down after 18 years at the helm, unsettling investors already wary of AI-driven disruptions to the design software market. The longtime CEO's exit comes at a critical juncture as Adobe works to reassure investors it can keep...
Copyright 2023-2026 - www.financetom.com All Rights Reserved