Financial Data and Key Metrics Changes - The company reported a year-over-year revenue growth of 13%, driven by a 14% increase in volume across its portfolio [7][19] - Adjusted EBITDA increased by 14% to $22.7 million compared to $20 million in the prior year [21] - Earnings from continuing operations surged by 198% to $4.4 million, compared to a loss of $4.4 million in the prior year [20] Business Line Data and Key Metrics Changes - The fruit snacks category achieved its twentieth consecutive quarter of double-digit growth, now comprising 20% of total revenue, up from 10% five years ago [12][14] - Beverage and broth unit production increased by 16% and 25% respectively, while fruit snack production rose by 22% year-over-year [13][20] - The foodservice category continued to grow in mid-single digits, with oat products performing particularly well [11] Market Data and Key Metrics Changes - The company noted that all product categories, go-to-market formats, and channels experienced year-over-year growth [10] - The club channel business thrived, up over 25%, as consumers sought quality products at great value [11] - The shelf-stable plant-based beverage category is experiencing high single-digit growth, with expectations for continued acceleration [16] Company Strategy and Development Direction - The company is committed to investing in a new manufacturing line to increase output by approximately 25%, with the new capacity already oversubscribed [15][27] - The strategic focus remains on operational efficiency, gross margin improvements, and capital allocation to drive return on invested capital (ROIC) [6][26] - The long-term growth algorithm targets annual revenue growth of 8% to 10% and adjusted EBITDA growth of 13% to 17% [24] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to execute and create long-term value, despite ongoing consumer and tariff uncertainties [6][15] - The operational improvement plan is on track, with strong momentum across key growth platforms [18][94] - The company is well-positioned to capitalize on consumer trends favoring better-for-you products [17][95] Other Important Information - The company incurred $1.6 million in tariff headwinds on gross profit due to a timing lag in pass-through pricing [7][20] - Cash provided by operating activities for the first two quarters was $17.8 million, compared to $2 million in the prior year [21] - The company repurchased 163,227 common shares in the second quarter, reflecting a commitment to returning excess capital to shareholders [26] Q&A Session Summary Question: Details about the new fruit snacks plan - The new manufacturing line will primarily serve existing customers, with a mix of new opportunities, and is expected to significantly enhance capacity [31][34] Question: Adjusted gross margin progression in the back half of the year - A 90 basis point headwind from tariffs is expected in Q3, but margins should fully recover by Q4 as pricing adjustments are implemented [38][62] Question: Growth among customers in the shelf-stable plant-based beverage category - The company is gaining share primarily through existing customers outperforming their categories, with a mix of new entrants also contributing [52][54] Question: Balancing aseptic capacity for different product lines - Broth production is strategically timed to take advantage of seasonal demand, allowing flexibility in production scheduling [71][74] Question: Investment in new line and capital allocation for 2026 - The new CapEx for fruit snacks will be approximately $25 million, mainly occurring in 2026, with a focus on maintaining a solid balance sheet and leverage ratios [76][78]

Q2 2025 Financial Performance - Revenue from continuing operations reached $191.5 million, a 13% increase year-over-year[16] - Operating income was $10.5 million, a significant 438% increase year-over-year[16] - Adjusted EBITDA from continuing operations increased by 14% to $22.7 million[16] - Adjusted earnings per share from continuing operations doubled, reaching $0.04[16] Fruit Snacks Growth and Capacity - Fruit snacks revenue experienced substantial growth, driving the need for additional capacity[18, 19] - Sales growth of fruit snacks was +42% (Q3 2024 vs Q3 2023) and +11% (Q2 2025 vs Q3 2024)[19] - The company is investing $25 million in new fruit snacks capacity, expected to increase production capacity by approximately 25% in 2026[43] 2025 Outlook - Revenue outlook raised to $805-$815 million, representing an 11%-13% growth compared to the previous year[34, 35] - Adjusted EBITDA outlook reaffirmed at $99-$103 million, indicating a 12%-16% growth[34, 35] - The company is targeting a year-end net leverage of 2.5x[34, 40] Capital Allocation - The company returned $1 million to shareholders through the repurchase of 163,000 shares in Q2[42] - $24 million remains available under the existing share repurchase authorization[42]

[Executive Summary & Highlights](index=1&type=section&id=Executive%20Summary%20%26%20Highlights) [Second Quarter 2025 Financial Highlights](index=1&type=section&id=Second%20Quarter%202025%20Financial%20Highlights) SunOpta reported strong second-quarter fiscal 2025 results, with significant increases in revenue, earnings, and Adjusted EBITDA, driven by robust volume growth across its diverse portfolio Key Financial Metrics (Continuing Operations) | Metric (Continuing Operations) | Q2 2025 | Q2 2024 | Change (%) | | :----------------------------- | :------ | :------ | :--------- | | Revenue | $191.5M | $169.5M | 13% | | Earnings | $4.4M | ($4.4M) | 198% | | Adjusted EBITDA | $22.7M | $20.0M | 14% | | Adjusted EPS | $0.04 | $0.02 | 100% | - Revenue growth was primarily driven by a **14.4% increase in volume**, partially offset by a **1.4% price reduction** due to pass-through pricing for raw material cost savings[7](index=7&type=chunk) [CEO Commentary](index=1&type=section&id=CEO%20Commentary) CEO Brian Kocher highlighted outstanding Q2 results, attributing them to strong competitive positioning, execution, and robust double-digit growth in revenue and Adjusted EBITDA, also noting significant progress in operational initiatives and a strong new business pipeline - Both revenue and Adjusted EBITDA continued **double-digit growth**, driven by robust volume gains across the portfolio[6](index=6&type=chunk) - Significant progress was made in operational initiatives to improve margins, including unlocking capacity and improving yields, with further traction expected in late 2025[6](index=6&type=chunk) - A new fruit snack manufacturing line is announced for the Omak, Washington facility, anticipated to come online in late 2026 to meet demand for 2027 and beyond, driven by powerful tailwinds in the better-for-you fruit snack category[6](index=6&type=chunk) [Financial Performance - Second Quarter 2025](index=2&type=section&id=Financial%20Performance%20-%20Second%20Quarter%202025) [Revenue Analysis](index=2&type=section&id=Revenue%20Analysis) Second quarter 2025 revenues increased by 12.9% to $191.5 million, primarily due to a 14.4% volume growth in plant-based beverages, broth, and fruit snacks, alongside new product launches, partially offset by a 1.4% price reduction from raw material cost savings passed through to customers Revenue Performance Overview | Metric | Q2 2025 (Millions) | Q2 2024 (Millions) | YoY Change | | :----- | :----------------- | :----------------- | :--------- | | Revenues | $191.5 | $169.5 | 12.9% |\n| Volume Growth | 14.4% | N/A | N/A |\n| Price Reduction | 1.4% | N/A | N/A | - Volume growth was observed across plant-based beverages, broth, and fruit snacks, supported by new product launches[8](index=8&type=chunk) [Profitability Analysis](index=2&type=section&id=Profitability%20Analysis) Gross profit increased significantly by 34.0% to $28.4 million, with gross margin expanding by 230 basis points to 14.8%, and operating income also saw a substantial increase, though adjusted gross margin decreased by 80 basis points due to tariff timing lags, labor/infrastructure investments, and increased depreciation, partially offset by higher sales and production volumes Profitability Metrics (Q2) | Metric (Q2) | 2025 (Millions) | 2024 (Millions) | YoY Change (%) | | :------------ | :-------------- | :-------------- | :------------- | | Gross Profit | $28.4 | $21.2 | 34.0% | | Gross Margin | 14.8% | 12.5% | +230 bps | | Operating Income | $10.5 | $2.0 | +$8.5M | | Earnings from Continuing Operations | $4.4 | ($4.4) | 198% | | Adjusted EBITDA from Continuing Operations | $22.7 | $20.0 | 13.9% | - Adjusted gross margin decreased by **80 basis points to 15.2%** (from 16.0% in Q2 2024) due to timing lag on tariff pass-through, investments in labor and infrastructure, and incremental depreciation, partially offset by improved plant utilization from higher volumes[9](index=9&type=chunk) [Financial Position & Cash Flow](index=2&type=section&id=Financial%20Position%20%26%20Cash%20Flow) [Balance Sheet Overview](index=2&type=section&id=Balance%20Sheet%20Overview) As of June 28, 2025, SunOpta's total assets increased to $704.9 million from $668.5 million at year-end fiscal 2024, while total debt slightly increased to $273.4 million from $265.2 million, improving its net leverage to 2.9x from 3.0x with a target of 2.5x by year-end Balance Sheet Summary | Metric | June 28, 2025 (Millions) | Dec 28, 2024 (Millions) | | :----- | :----------------------- | :---------------------- | | Total Assets | $704.9 | $668.5 | | Total Debt | $273.4 | $265.2 | | Net Leverage | 2.9x | 3.0x | - The company continues to expect to achieve its **2.5x net leverage target** by the end of fiscal 2025[13](index=13&type=chunk) [Cash Flow Activities](index=2&type=section&id=Cash%20Flow%20Activities) Cash provided by operating activities from continuing operations significantly increased to $17.8 million for the first two quarters of fiscal 2025, up from $2.0 million in the prior year, driven by improved working capital efficiency and increased operating income, while investing activities consumed $18.6 million, reflecting higher capital expenditures Cash Flow Summary (First Two Quarters) | Metric (First Two Quarters) | FY2025 (Millions) | FY2024 (Millions) | | :-------------------------- | :---------------- | :---------------- | | Cash from Operating Activities (Continuing Operations) | $17.8 | $2.0 | | Cash Used in Investing Activities (Continuing Operations) | $18.6 | $13.9 | - The increase in operating cash flow mainly reflected improved working capital efficiency and increased operating income due to revenue growth[13](index=13&type=chunk) [Capital Allocation](index=3&type=section&id=Capital%20Allocation) During the second quarter, SunOpta repurchased 163,227 common shares for $1.0 million at an average price of $6.04 per share, with $24.0 million remaining authorized under the Share Repurchase Program - Repurchased **163,227 common shares for $1.0 million** at an average price of **$6.04 per share** in Q2[14](index=14&type=chunk) - **$24.0 million** remained available under the Share Repurchase Program as of June 28, 2025[14](index=14&type=chunk) [Operational Factors & Outlook](index=3&type=section&id=Operational%20Factors%20%26%20Outlook) [Tariff Impact](index=3&type=section&id=Tariff%20Impact) Tariffs negatively impacted gross profit by $1.6 million and reduced gross margin by 90 basis points in Q2 due to a timing lag in passing through costs, though the company successfully implemented new pricing arrangements with customers by mid-July to mitigate known tariff exposure and expects to recover substantially all additional tariff costs, despite anticipating a similar timing lag impact in Q3 for recently announced changes - Tariffs negatively impacted Q2 gross profit by **$1.6 million**, reducing gross margin by **90 basis points** due to timing lag[15](index=15&type=chunk) - New pricing arrangements with all customers were successfully implemented by mid-July to mitigate known tariff exposure[15](index=15&type=chunk) - A similar timing lag impact is expected in Q3 for recently announced tariff changes, but the company anticipates recovering substantially all additional costs[15](index=15&type=chunk) [2025 Financial Outlook](index=3&type=section&id=2025%20Financial%20Outlook) SunOpta is raising its fiscal 2025 revenue outlook to $805 - $815 million (11% - 13% growth) from the prior $788 - $805 million (9% - 11% growth), reflecting strong Q2 performance and the expected impact of pass-through tariff pricing, while the Adjusted EBITDA outlook remains reaffirmed at $99 - $103 million (12% - 16% growth) Fiscal 2025 Outlook Comparison | Metric | Prior Outlook | Revised Outlook | | :----- | :------------ | :-------------- | | Revenue | $788 - $805M | $805 - $815M | | Adj. EBITDA | $99 - $103M | $99 - $103M | | Revenue Growth | 9% - 11% | 11% - 13% | | Adj. EBITDA Growth | 12% - 16% | 12% - 16% | - The revised revenue outlook includes an approximate **$8 million increase in revenue** and **$10 million in cost of goods sold** in the second half of 2025 due to expected tariff expenses and related pass-through pricing[16](index=16&type=chunk) [Company Information & Disclosures](index=3&type=section&id=Company%20Information%20%26%20Disclosures) [Conference Call Information](index=3&type=section&id=Conference%20Call%20Information) SunOpta hosted a conference call on August 6, 2025, at 5:30 P.M. Eastern time to discuss Q2 financial results, with details for accessing the live webcast and replay, along with dial-in information and conference ID, provided - Conference call held on **August 6, 2025, at 5:30 P.M. ET** to discuss Q2 results[17](index=17&type=chunk) - Webcast and replay available on SunOpta's website under 'Investor Relations'[17](index=17&type=chunk)[18](index=18&type=chunk) [About SunOpta](index=4&type=section&id=About%20SunOpta) SunOpta Inc. (Nasdaq: STKL) (TSX: SOY) is a company with over 50 years of expertise, providing customized supply chain solutions and innovation for top brands, retailers, and foodservice providers, specializing in beverages, broths, and better-for-you snacks, distributing high-quality, sustainability-forward solutions across North America through various channels - SunOpta delivers customized supply chain solutions and innovation for beverages, broths, and better-for-you snacks[20](index=20&type=chunk) - Products are distributed through retail, club, foodservice, and e-commerce channels across North America[20](index=20&type=chunk) [Forward-Looking Statements & Non-GAAP Disclaimer](index=4&type=section&id=Forward-Looking%20Statements%20%26%20Non-GAAP%20Disclaimer) The press release contains forward-looking statements regarding future financial performance, including expectations for gross margin improvement, debt reduction, share repurchases, tariff recovery, and fiscal 2025 outlook, which are subject to various risks and uncertainties, and the company uses non-GAAP financial measures like Adjusted EBITDA, which exclude certain items, and cannot reliably reconcile forward-looking non-GAAP measures to GAAP due to the unpredictability of excluded components - Forward-looking statements include intentions for disciplined financial approach, sustainable gross margin improvement, free cash flow generation, balance sheet de-leveraging, and achieving net leverage targets[21](index=21&type=chunk) - The company cannot present a quantitative reconciliation of forward-looking non-GAAP financial measures to GAAP due to the inability to reliably predict all necessary components of such GAAP measures[19](index=19&type=chunk) - Historically excluded items from non-GAAP measures include acquisition/divestiture expenses, restructuring charges, asset impairment, legal settlements, and their tax effects[22](index=22&type=chunk) [Contacts](index=5&type=section&id=Contacts) Contact information for Investor Relations (Reed Anderson, ICR) and Media Relations (Claudine Galloway, SunOpta) was provided for inquiries - Investor Relations contact: Reed Anderson, ICR, 646-277-1260, reed.anderson@icrinc.com[23](index=23&type=chunk) - Media Relations contact: Claudine Galloway, SunOpta, 952-295-9579, press.inquiries@sunopta.com[23](index=23&type=chunk) [Consolidated Financial Statements](index=6&type=section&id=Consolidated%20Financial%20Statements) [Consolidated Statements of Operations](index=6&type=section&id=Consolidated%20Statements%20of%20Operations) The Consolidated Statements of Operations show a significant improvement in profitability for Q2 2025 and the first two quarters of 2025 compared to the prior year, with a shift from net loss to net earnings, as revenue increased while cost of goods sold also rose, but at a slower pace, leading to higher gross profit and operating income Consolidated Statements of Operations (Thousands USD) | Metric (Thousands USD) | Q2 2025 | Q2 2024 | 2 Quarters 2025 | 2 Quarters 2024 | | :--------------------- | :------ | :------ | :-------------- | :-------------- | | Revenues | 191,489 | 169,541 | 393,117 | 353,963 | | Cost of goods sold | 163,082 | 148,349 | 334,391 | 301,719 | | Gross profit | 28,407 | 21,192 | 58,726 | 52,244 | | Operating income | 10,533 | 1,956 | 21,020 | 12,079 | | Net earnings (loss) | 4,351 | (5,334) | 9,162 | (2,455) | | Diluted EPS | 0.03 | (0.04) | 0.07 | (0.02) | [Consolidated Balance Sheets](index=7&type=section&id=Consolidated%20Balance%20Sheets) The Consolidated Balance Sheets indicate an increase in total assets to $704.9 million as of June 28, 2025, from $668.5 million at December 28, 2024, with current assets, property, plant and equipment, and intangible assets all seeing increases, while total liabilities also rose, but shareholders' equity increased, reflecting improved financial health Consolidated Balance Sheets (Thousands USD) | Metric (Thousands USD) | June 28, 2025 | December 28, 2024 | | :--------------------- | :------------ | :---------------- | | Total current assets | 184,083 | 159,458 | | Property, plant and equipment, net | 345,968 | 343,618 | | Total assets | 704,940 | 668,527 | | Total current liabilities | 190,812 | 169,434 | | Long-term debt | 233,080 | 235,798 | | Total liabilities | 529,901 | 504,885 | | Total shareholders' equity | 159,816 | 148,594 | [Consolidated Statements of Cash Flows](index=8&type=section&id=Consolidated%20Statements%20of%20Cash%20Flows) The Consolidated Statements of Cash Flows show a significant increase in net cash provided by operating activities from continuing operations for the first two quarters of 2025 to $17.8 million, compared to $2.0 million in the prior year, while net cash used in investing activities increased to $18.6 million, and net cash provided by financing activities decreased to $1.9 million Consolidated Statements of Cash Flows (Thousands USD) | Metric (Thousands USD) | 2 Quarters 2025 | 2 Quarters 2024 | | :--------------------- | :-------------- | :-------------- | | Net cash provided by operating activities of continuing operations | 17,778 | 2,013 | | Net cash used in investing activities of continuing operations | (18,573) | (13,923) | | Net cash provided by financing activities of continuing operations | 1,947 | 10,583 | | Increase in cash, cash equivalents and restricted cash | 1,152 | 2,663 | [Non-GAAP Financial Measures Reconciliation](index=9&type=section&id=Non-GAAP%20Financial%20Measures%20Reconciliation) [Adjusted Gross Margin Reconciliation](index=9&type=section&id=Adjusted%20Gross%20Margin%20Reconciliation) The company reconciles reported gross margin to adjusted gross margin by excluding unusual items like wastewater haul-off charges, start-up costs, and product withdrawal costs, with Q2 2025 adjusted gross margin at 15.2%, compared to 16.0% in Q2 2024, reflecting a decrease due to factors like tariff timing lags and investments Adjusted Gross Margin Reconciliation | Metric | Q2 2025 | Q2 2024 | 2 Quarters 2025 | 2 Quarters 2024 | | :----- | :------ | :------ | :-------------- | :-------------- | | Reported Gross Margin | 14.8% | 12.5% | 14.9% | 14.8% | | Adjusted Gross Margin | 15.2% | 16.0% | 15.3% | 16.5% | - Adjustments primarily include wastewater haul-off charges, start-up costs, and product withdrawal costs[28](index=28&type=chunk)[29](index=29&type=chunk) [Adjusted Earnings Reconciliation](index=11&type=section&id=Adjusted%20Earnings%20Reconciliation) Adjusted earnings from continuing operations for Q2 2025 were $4.4 million ($0.04 per diluted share), up from $2.2 million ($0.02 per diluted share) in Q2 2024, with adjustments including wastewater haul-off charges, start-up costs, product withdrawal costs, unrealized foreign exchange, and other items, providing a clearer view of core operational performance Adjusted Earnings Reconciliation (Thousands USD) | Metric (Thousands USD) | Q2 2025 | Q2 2024 | 2 Quarters 2025 | 2 Quarters 2024 | | :--------------------- | :------ | :------ | :-------------- | :-------------- | | Earnings (loss) from continuing operations | 4,351 | (4,437) | 9,162 | (641) | | Adjusted earnings from continuing operations | 4,375 | 2,185 | 9,683 | 4,075 | | Adjusted EPS (diluted) | 0.04 | 0.02 | 0.08 | 0.03 | - Key adjustments include wastewater haul-off charges, start-up costs, product withdrawal costs, unrealized foreign exchange loss/gain, and other non-recurring items[31](index=31&type=chunk) [Adjusted EBITDA Reconciliation](index=12&type=section&id=Adjusted%20EBITDA%20Reconciliation) Adjusted EBITDA from continuing operations increased to $22.7 million in Q2 2025 from $20.0 million in Q2 2024, driven by strong volume growth, with the reconciliation adding back non-operating and non-cash expenses (interest, taxes, depreciation, amortization, stock-based compensation) and adjusting for unusual items to provide a measure of operating profitability Adjusted EBITDA Reconciliation (Thousands USD) | Metric (Thousands USD) | Q2 2025 | Q2 2024 | 2 Quarters 2025 | 2 Quarters 2024 | | :--------------------- | :------ | :------ | :-------------- | :-------------- | | Earnings (loss) from continuing operations | 4,351 | (4,437) | 9,162 | (641) | | Adjusted EBITDA from continuing operations | 22,744 | 19,962 | 45,137 | 41,833 | - Adjustments include interest expense, income tax expense, depreciation and amortization, stock-based compensation, wastewater haul-off charges, start-up costs, product withdrawal costs, and unrealized foreign exchange[33](index=33&type=chunk)[34](index=34&type=chunk) [Net Leverage Reconciliation](index=13&type=section&id=Net%20Leverage%20Reconciliation) Net leverage, calculated as net debt divided by trailing four quarters adjusted EBITDA, improved to 2.9x as of June 28, 2025, from 3.0x at December 28, 2024, with net debt at $271.2 million and trailing four quarters adjusted EBITDA at $92.0 million Net Leverage Reconciliation (Thousands USD) | Metric (Thousands USD) | June 28, 2025 | December 28, 2024 | | :--------------------- | :------------ | :---------------- | | Total debt | 273,371 | 265,191 | | Cash and cash equivalents | (2,161) | (1,552) | | Net debt | 271,210 | 263,639 | | Trailing Four Quarters Adjusted EBITDA | 92,010 | 88,706 | | Net leverage | 2.9x | 3.0x | - Adjustments to trailing four quarters Adjusted EBITDA include wastewater haul-off charges, start-up costs, product withdrawal costs, unrealized foreign exchange, and other items[37](index=37&type=chunk)[38](index=38&type=chunk)

Core Insights - The current second-quarter reporting cycle favors stocks with top-line growth and increasing profit numbers, with a focus on companies' efficiency in generating cash flows as a more rewarding investment strategy [1][2] Group 1: Importance of Cash Flow - A profit-making company can still face bankruptcy if it lacks cash flow management, highlighting the necessity of a solid cash position for flexibility and growth [2][3] - Positive cash flow indicates an increase in liquid assets, enabling a company to meet obligations, reinvest, and return wealth to shareholders, while negative cash flow suggests declining liquidity [4] - Increasing cash flow is essential for future growth, reflecting management's efficiency and reducing reliance on external financing [5] Group 2: Screening Parameters for Stocks - Stocks were screened for those with cash flow in the latest quarter at least equal to the 5-year average cash flow per share, indicating a positive trend [6] - Additional criteria included Zacks Rank 1, average broker rating of 1, current price above $5, and a VGM Score of B or better [7] Group 3: Featured Stocks - Catalyst Pharmaceuticals (CPRX) focuses on therapies for rare diseases, with a revised 2025 earnings estimate of $2.25 per share, reflecting a positive outlook [8] - SunOpta (STKL) provides supply-chain solutions in the food industry, with a 2025 EPS estimate of 18 cents, a 63.6% increase from the previous year [9] - Gambling.com (GAMB) offers marketing services for the online gambling industry, with a revised 2025 earnings estimate of $1.07 per share [10] - Orion Group (ORN) operates in construction services, with a revised 2025 earnings estimate of 17 cents per share [11]

Core Viewpoint - SunOpta (STKL) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system tracks the Zacks Consensus Estimate, which reflects EPS estimates from sell-side analysts, and is crucial for understanding stock price movements [1][4]. - Changes in earnings estimates are strongly correlated with near-term stock price movements, particularly due to the actions of institutional investors who adjust their valuations based on these estimates [4][5]. Company Performance and Outlook - The upgrade for SunOpta suggests an improvement in the company's underlying business, which is expected to lead to higher stock prices as investors respond positively [5][10]. - SunOpta is projected to earn $0.18 per share for the fiscal year ending December 2025, with no year-over-year change, but the Zacks Consensus Estimate has increased by 12.9% over the past three months [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - Only the top 5% of Zacks-covered stocks receive a "Strong Buy" rating, indicating superior earnings estimate revisions, which positions SunOpta favorably for potential market-beating returns [9][10].

Group 1 - The decision was made to downgrade SunOpta, a company specializing in plant-based beverages such as oat, almond, soy, coconut, and rice milks and creamers [1] - The focus of Crude Value Insights is on cash flow and companies that generate it, highlighting value and growth prospects in the oil and natural gas sector [1] Group 2 - Subscribers have access to a stock model account with over 50 stocks, in-depth cash flow analyses of exploration and production firms, and live chat discussions about the sector [2] - A two-week free trial is available for new subscribers to explore the oil and gas investment service [3]

Company Performance - SunOpta reported quarterly earnings of $0.04 per share, exceeding the Zacks Consensus Estimate of $0.02 per share, and showing an increase from $0.02 per share a year ago, representing an earnings surprise of 100% [1] - The company posted revenues of $201.63 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 6.12%, compared to year-ago revenues of $182.85 million [2] - Over the last four quarters, SunOpta has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Stock Outlook - SunOpta shares have declined approximately 38.3% since the beginning of the year, contrasting with the S&P 500's decline of 4.7% [3] - The current consensus EPS estimate for the coming quarter is $0.01 on $182 million in revenues, and $0.15 on $775 million in revenues for the current fiscal year [7] - The estimate revisions trend for SunOpta is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Zacks Industry Rank for Food - Miscellaneous places it in the top 38% of over 250 Zacks industries, suggesting that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8] - Another company in the same industry, Flowers Foods, is expected to report quarterly earnings of $0.37 per share, reflecting a year-over-year change of -2.6%, with revenues anticipated to be $1.59 billion, up 1% from the year-ago quarter [9][10]

Exhibit 99.1 FOR IMMEDIATE RELEASE SUNOPTA ANNOUNCES FIRST QUARTER FISCAL 2025 FINANCIAL RESULTS Revenue from continuing operations increased 9% to $202 million, driven by continued volume growth Earnings from continuing operations of $4.8 million compared to $3.8 million in the prior year Adjusted EBITDA from continuing operations increased 2% to $22.4 million Adjusted EPS of $0.04 compared to $0.02 in the prior year Share Repurchase Authorization of up to $25 million Raising 2025 outlook Minneapolis, Minn ...

SunOpta Inc. (NASDAQ:STKL) Q4 2024 Earnings Conference Call February 26, 2025 5:30 PM ET Company Participants Reed Anderson – ICR Brian Kocher – Chief Executive Officer Greg Gaba – Chief Financial Officer Conference Call Participants Jim Salera – Stephens Jon Andersen – William Blair Andrew Strelzik – BMO Ryan Meyers – Lake Street Capital Markets Alex Fuhrman – Craig-Hallum John Baumgartner – Mizuho Securities Daniel Biolsi – Hedgeye Risk Management Operator Greetings and welcome to SunOpta’s Fourth Quarter ...

SunOpta Inc. Earnings Presentation Q4 2024 © SunOpta Inc. 2025 1 1 Fueling the Future of Food SunOpta Inc. Earnings Presentation Q4 2024 General Disclosures This presentation contains forward-looking statements that reflect the Company's current views about future events and financial performance. These forward-looking statements are subject to important risks and uncertainties, as well as other factors and assumptions that could cause actual results to differ materially from those anticipated or implied in ...