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SunOpta, Inc. - STKL STOCK NEWS

Welcome to our dedicated page for SunOpta news (Ticker: STKL), a resource for investors and traders seeking the latest updates and insights on SunOpta stock.

SunOpta, Inc. (Nasdaq: STKL) is a pioneering global supplier of organic ingredients, innovative product developer for brand owners, and a trusted packager of healthy and organic food. Headquartered in the U.S., SunOpta seamlessly integrates its operations from seed to packaged product, ensuring the highest quality and sustainability standards. With a workforce of approximately 1,800 employees worldwide, SunOpta offers three core consumer packaged goods platforms: Healthy Fruit, Healthy Beverages, and Healthy Snacks, all supported by an extensive global sourcing and supply infrastructure.

SunOpta specializes in the sourcing, processing, and manufacturing of organic and non-GMO food products. Their product portfolio encompasses plant-based beverages such as oat, almond, soy, coconut, and rice milks, and creamers. These beverages are known for their lower carbon emissions and water usage compared to traditional dairy options. Besides beverages, the company offers protein shakes, teas, broths, and fruit snacks under both private labels and their proprietary brands, including SOWN®, Dream®, and West Life™.

SunOpta has recently made significant strides in the industry. On October 13, 2023, the company announced the sale of certain assets of its frozen fruit operations, Sunrise Growers, to Nature's Touch. This strategic move allows SunOpta to focus more on its core competencies in the organic and non-GMO food sectors while aiding Nature's Touch in expanding its frozen food offerings across North America. This acquisition is aligned with SunOpta's commitment to sustainability and innovation, enhancing its ability to deliver high-quality, affordable food products globally.

Throughout its history, SunOpta has consistently evolved, maintaining a robust commitment to environmental responsibility and healthy food production. The company continues to focus on building a profitable and sustainable business model, aiming to lead the market in organic and non-GMO specialties. For more information, visit their website or follow them on LinkedIn and Twitter.

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SunOpta Inc. (STKL) to release Q2 2023 financial results and host conference call to discuss recent corporate developments. Investors can access the live webcast on the company's website or via phone.
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SunOpta Inc. reported financial results for Q1 2023, with total company revenues of $223.9 million, a 0.4% increase from the prior year period. Plant-Based Foods and Beverages revenues grew by 9.3%, while Fruit-Based Foods and Beverages revenues declined by 9.7%. Gross profit margin increased by 80 basis points to 15.2% adjusted for startup costs. Adjusted EBITDA increased by 50.5% to $23.6 million. The company reaffirmed its outlook for 2023.
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FAQ

What is the current stock price of SunOpta (STKL)?

The current stock price of SunOpta (STKL) is $7.7 as of November 21, 2024.

What is the market cap of SunOpta (STKL)?

The market cap of SunOpta (STKL) is approximately 884.5M.

What does SunOpta, Inc. specialize in?

SunOpta specializes in sourcing, processing, and manufacturing organic and non-GMO food products, including plant-based beverages and snacks.

What are the core product platforms of SunOpta?

SunOpta's core product platforms are Healthy Fruit, Healthy Beverages, and Healthy Snacks.

What are some of SunOpta’s proprietary brands?

SunOpta owns the proprietary brands SOWN®, Dream®, and West Life™.

How does SunOpta ensure sustainability?

SunOpta integrates its operations from seed to packaged product, focusing on organic, non-GMO, and eco-friendly practices to ensure sustainability.

How many employees does SunOpta have?

SunOpta has approximately 1,800 employees worldwide.

What recent strategic move did SunOpta make?

On October 13, 2023, SunOpta sold certain assets of its frozen fruit operations, Sunrise Growers, to Nature's Touch to focus on core competencies.

Why is SunOpta significant in the food industry?

SunOpta is a leader in organic and non-GMO food production, offering a wide range of healthy, plant-based products that promote sustainability.

Where is SunOpta headquartered?

SunOpta is headquartered in the United States.

What environmental benefits do SunOpta's plant-based beverages offer?

SunOpta's plant-based beverages have a lower carbon footprint and water usage compared to traditional dairy milk.

Where can I find more information about SunOpta?

You can visit SunOpta's website at www.sunopta.com or follow them on LinkedIn and Twitter for more information.

SunOpta, Inc.

Nasdaq:STKL

STKL Rankings

STKL Stock Data

884.53M
112.26M
3.91%
89.2%
4.41%
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