Rogers Sugar (TSE:RSI) Announces Quarterly Earnings Results

Rogers Sugar (TSE:RSI) posted its quarterly earnings data on Thursday. The company reported C$0.14 earnings per share for the quarter, FiscalAI reports. The business had revenue of C$280.62 million for the quarter. Rogers Sugar had a return on equity of 16.98% and a net margin of 6.00%.

Here are the key takeaways from Rogers Sugar’s conference call:

• Rogers delivered strong profitability despite lower shipments, reporting adjusted net income of CAD 19 million in Q2 and consolidated adjusted EBITDA of CAD 38 million (first-half adjusted EBITDA up 15% to CAD 85 million).
• Sugar volumes declined ~12% in Q2 to ~175,000 metric tons and management revised FY26 sugar volume guidance down from 750,000 to 735,000 metric tons, driven mainly by reduced export opportunities for Brazilian-origin refined sugar and a few customer-specific disruptions.
• The LEAP expansion remains on track — raw sugar melting will begin in roughly four weeks, commissioning is still targeted for the first half of 2027, and the project cost guidance remains CAD 280–300 million (FY26 LEAP spend ~CAD 115 million).
• Maple results were softer in Q2 due to product mix and timing, but volumes were stable (~13 million pounds in Q2) and management expects FY26 maple volumes of 56 million pounds, with sufficient supply secured through late 2026 and H1 2027.
• Financial position strengthened via a CAD 57.5 million convertible debenture issuance, trailing-12-month free cash flow of ~CAD 93 million (up 11%), and a maintained quarterly dividend of CAD 0.09 per share, supporting LEAP financing and shareholder distributions.

Rogers Sugar Trading Up 0.3%

Shares of RSI stock opened at C$6.65 on Friday. Rogers Sugar has a 1 year low of C$5.52 and a 1 year high of C$6.80. The firm has a fifty day moving average price of C$6.57 and a 200-day moving average price of C$6.33. The company has a debt-to-equity ratio of 92.00, a current ratio of 2.20 and a quick ratio of 0.56. The company has a market cap of C$852.64 million, a price-to-earnings ratio of 11.27 and a beta of 0.78.

Rogers Sugar Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 15th were given a dividend of $0.09 per share. The ex-dividend date of this dividend was Friday, March 27th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 5.4%. Rogers Sugar’s payout ratio is presently 61.02%.

Wall Street Analyst Weigh In

Separately, Scotiabank lowered shares of Rogers Sugar from a “hold” rating to a “strong sell” rating and lowered their target price for the company from C$6.50 to C$6.00 in a report on Friday, February 6th. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of C$6.90.

Rogers Sugar Company Profile

Rogers Sugar Inc is a Canada based sugar producing company. The company along with its subsidiaries is principally engaged in refining, packaging, and marketing sugar products. The products offered by the company include iced tea mix, stevia, yellow sugar, Cubes, Coconut sugar, and other related sugar products. It operates in the following reportable segments: Sugar and Maple products, of which the majority of the revenue comes from sugar products. Its geographical segments include Canada, which is the key revenue generator; the United States; Europe; and others.