secwatch.observer — SEC 8-K summary
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Issuer:     SunOpta Inc. (STKL)
CIK:        0000351834
Form:       8-K
Filed at:   2023-03-01T23:59:59+00:00
Accession:  0001062993-23-005342
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SunOpta Q4 revenue up 8.4% to $221.3M; Adj. EBITDA $23.5M (+122.7%); reaffirms FY2023 outlook
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- Q4 revenue $221.3M (+8.4% YoY); plant-based segment up 23.5% ex-sunflower; gross profit +56.4% to $28.2M.
- Net loss from continuing ops $0.9M vs $6.1M loss prior year; adjusted EPS $0.02 vs -$0.05.
- Adjusted EBITDA $23.5M (10.6% of revenue) vs $10.6M (5.2%) prior year, up 122.7%.
- FY2023 outlook: revenue $1,000-1,050M (7-12% growth; 14-20% ex-sunflower); Adj. EBITDA $97-103M (16-23% growth).
- Engaged Capital to exchange all Series B-1 Preferred for 6.1M common shares at $2.50/share; governance rights terminated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/351834/000106299323005342/0001062993-23-005342-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/351834/000106299323005342/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-23-005342

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