Rogers Sugar (TSE:RSI) Releases Quarterly Earnings Results

Rogers Sugar (TSE:RSI) issued its earnings results on Thursday. The company reported C$0.14 earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of C$280.62 million during the quarter. Rogers Sugar had a net margin of 6.00% and a return on equity of 16.98%.

Here are the key takeaways from Rogers Sugar’s conference call:

• Rogers delivered strong profitability despite lower shipments, reporting adjusted net income of CAD 19 million in Q2 and consolidated adjusted EBITDA of CAD 38 million (first-half adjusted EBITDA up 15% to CAD 85 million).
• Sugar volumes declined ~12% in Q2 to ~175,000 metric tons and management revised FY26 sugar volume guidance down from 750,000 to 735,000 metric tons, driven mainly by reduced export opportunities for Brazilian-origin refined sugar and a few customer-specific disruptions.
• The LEAP expansion remains on track — raw sugar melting will begin in roughly four weeks, commissioning is still targeted for the first half of 2027, and the project cost guidance remains CAD 280–300 million (FY26 LEAP spend ~CAD 115 million).
• Maple results were softer in Q2 due to product mix and timing, but volumes were stable (~13 million pounds in Q2) and management expects FY26 maple volumes of 56 million pounds, with sufficient supply secured through late 2026 and H1 2027.
• Financial position strengthened via a CAD 57.5 million convertible debenture issuance, trailing-12-month free cash flow of ~CAD 93 million (up 11%), and a maintained quarterly dividend of CAD 0.09 per share, supporting LEAP financing and shareholder distributions.

Rogers Sugar Stock Performance

TSE RSI opened at C$6.63 on Friday. The firm has a market cap of C$850.07 million, a P/E ratio of 11.24 and a beta of 0.78. Rogers Sugar has a 52-week low of C$5.52 and a 52-week high of C$6.80. The business’s 50-day moving average price is C$6.57 and its 200 day moving average price is C$6.33. The company has a quick ratio of 0.56, a current ratio of 2.20 and a debt-to-equity ratio of 92.00.

Rogers Sugar Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 15th were paid a dividend of $0.09 per share. The ex-dividend date was Friday, March 27th. This represents a $0.36 annualized dividend and a dividend yield of 5.4%. Rogers Sugar’s dividend payout ratio is 61.02%.

Wall Street Analyst Weigh In

Separately, Scotiabank downgraded shares of Rogers Sugar from a “hold” rating to a “strong sell” rating and decreased their price objective for the company from C$6.50 to C$6.00 in a research note on Friday, February 6th. One research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Rogers Sugar presently has an average rating of “Hold” and an average target price of C$6.90.

Rogers Sugar Company Profile

Rogers Sugar Inc is a Canada based sugar producing company. The company along with its subsidiaries is principally engaged in refining, packaging, and marketing sugar products. The products offered by the company include iced tea mix, stevia, yellow sugar, Cubes, Coconut sugar, and other related sugar products. It operates in the following reportable segments: Sugar and Maple products, of which the majority of the revenue comes from sugar products. Its geographical segments include Canada, which is the key revenue generator; the United States; Europe; and others.