secwatch.observer — SEC 8-K summary
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Issuer:     SunOpta Inc. (STKL)
CIK:        0000351834
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0001062993-24-014631
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SunOpta Q2 rev up 21% to $171M; loss narrows to $3.8M; raises 2024 revenue guidance
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- Revenue $171M up 21% YoY driven by 26.9% volume growth; price reduction of 3.9% on pass-through commodities.
- GAAP loss from continuing ops $3.8M vs $11.7M loss prior year; adjusted EPS $0.02 vs $0.01.
- Adjusted EBITDA $20.6M (+12% YoY); adjusted gross margin 16.2% vs 17.3% due to depreciation and inefficiencies.
- 2024 revenue outlook raised to $710-730M (from $685-715M); adj EBITDA guidance kept at $88-92M.
- Cash from operations first half $2M vs $17.5M prior, reflecting working capital buildup.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/351834/000106299324014631/0001062993-24-014631-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/351834/000106299324014631/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-24-014631

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