secwatch.observer — SEC 8-K summary
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Issuer:     SunOpta Inc. (STKL)
CIK:        0000351834
Form:       8-K
Filed at:   2022-02-24T23:59:59+00:00
Accession:  0001062993-22-005525
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SunOpta Q4 revenue flat at $204.2M, gross margin collapses to 9.0%; guides FY22 EBITDA $67-75M
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- Q4 revenue $204.2M, down 0.6% YoY; plant-based +5.8%, fruit-based -9.4%.
- Gross margin fell 650 bps to 9.0% due to labor costs, inflation, fruit spoilage.
- Adjusted EBITDA $10.7M (-48.2% YoY); adjusted EPS loss $0.01 vs $0.03 prior.
- FY2022 guidance: revenue $890M-$930M, adj. EBITDA $67M-$75M.
- CEO expects Q1'22 sequential recovery; new aseptic plant in Midlothian on track.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/351834/000106299322005525/0001062993-22-005525-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/351834/000106299322005525/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-22-005525

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer