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SunOpta Announces Fourth Quarter and Fiscal 2024 Financial Results

1. STKL sees 8.9% revenue increase in Q4 2024 over last year.

Earnings
-14.48%Current Return
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-1.6%S&P 500
$7.3902/26 05:07 PM EDTEvent Start
$6.3202/27 11:50 PM EDTLatest Updated
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FAQ

Why Bullish?

The 8.9% revenue growth indicates a strong demand for STKL's products, suggesting positive market sentiment. Historically, consistent revenue growth has led to increased investor confidence in similar firms.

How important is it?

The financial performance news drastically shapes investor sentiment and future outlook for STKL, likely drawing attention from analysts and investors alike.

Why Short Term?

Earnings reports typically have immediate effects on stock prices. Similar companies have shown price movements shortly after positive earnings announcements.

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SOY
MINNEAPOLIS--(BUSINESS WIRE)--SunOpta Inc. (“SunOpta” or the “Company”) (Nasdaq:STKL) (TSX:SOY), an innovative and sustainable manufacturer fueling the future of food, today announced financial results for the fourth quarter ended December 28, 2024. All amounts are expressed in U.S. dollars and results are reported in accordance with U.S. GAAP, except where specifically noted. Fourth quarter 2024 highlights: Revenues of $193.9 million increased 8.9% compared to $178.1 million in the prior year.

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