Edition:
United States

Sunopta Inc (STKL.OQ)

STKL.OQ on NASDAQ Stock Exchange Global Select Market

5.01USD
2:29pm EST
Change (% chg)

$-0.35 (-6.53%)
Prev Close
$5.36
Open
$5.32
Day's High
$5.36
Day's Low
$4.97
Volume
75,601
Avg. Vol
49,850
52-wk High
$9.05
52-wk Low
$4.97

Latest Key Developments (Source: Significant Developments)

Emaar Industries & Investments Acquires Stake in Gutmann
Tuesday, 20 Mar 2018 04:33am EDT 

March 20 (Reuters) - EMAAR INDUSTRIES & INVESTMENTS::EMAAR INDUSTRIES & INVESTMENTS ACQUIREs A STRATEGIC STAKE IN GUTMANN SYSTEMS MIDDLE EAST.  Full Article

Sunopta Files For Non-Timely 10-K With The U.S. SEC
Thursday, 1 Mar 2018 11:26am EST 

March 1 (Reuters) - Sunopta Inc ::SUNOPTA INC FILES FOR NON-TIMELY 10-K WITH THE U.S. SEC.  Full Article

Sunopta Q4 Adjusted Loss Per Share $0.10
Tuesday, 27 Feb 2018 07:30am EST 

Feb 27 (Reuters) - Sunopta Inc ::SUNOPTA ANNOUNCES FOURTH QUARTER FISCAL 2017 FINANCIAL RESULTS.Q4 ADJUSTED LOSS PER SHARE $0.10.Q4 LOSS PER SHARE $1.38 FROM CONTINUING OPERATIONS.Q4 REVENUE FELL 1.7 PERCENT TO $292.4 MILLION.Q4 EARNINGS PER SHARE VIEW $-0.05, REVENUE VIEW $291.0 MILLION -- THOMSON REUTERS I/B/E/S.LOSS OF $117.5 MILLION IN Q4 OF 2017 INCLUDED A NON-CASH GOODWILL IMPAIRMENT CHARGE OF $115.0 MILLION ASSOCIATED WITH HEALTHY FRUIT PLATFORM.SUNOPTA SAYS IN Q4 SAW ‍ONGOING CHALLENGES IN CO'S FROZEN FRUIT PLATFORM, WHICH DID NOT TURN AROUND AS QUICKLY AS EXPECTED IN 2017​.  Full Article

Oaktree Acquires Additional Shares Of Sunopta
Monday, 18 Dec 2017 09:00am EST 

Dec 18 (Reuters) - Sunopta Inc ::OAKTREE ACQUIRES ADDITIONAL SHARES OF SUNOPTA.‍OAKTREE CAPITAL MANAGEMENT SAYS FUNDS MANAGED BY OAKTREE INCREASED THEIR BENEFICIAL OWNERSHIP IN COMMON SHARES OF SUNOPTA INC​.OAKTREE CAPITAL MANAGEMENT SAYS ‍ON DEC 15, FUNDS MANAGED BY OAKTREE ACQUIRED 3.7 MILLION SUNOPTA COMMON SHARES AT $7.50 / SHARE.  Full Article

SunOpta Announces Investment In Roasted Snacks Capabilities
Wednesday, 6 Dec 2017 07:30am EST 

Dec 6 (Reuters) - SunOpta Inc ::SUNOPTA INC. ANNOUNCES INVESTMENT IN ROASTED SNACKS CAPABILITIES.SUNOPTA INC - IS MAKING "SIGNIFICANT" INVESTMENT IN ITS ROASTED SNACKS OPERATIONS AT ITS FACILITY IN CROOKSTON, MN.SUNOPTA - IN CONJUNCTION WITH INVESTMENT, CUSTOMERS AND CAPABILITIES FROM WAHPETON, ND ROASTING FACILITY WILL BE CONSOLIDATED INTO CROOKSTON LOCATION.SUNOPTA INC - IN CONJUNCTION WITH INVESTMENT, OPERATIONS AT WAHPETON LOCATION ARE ANTICIPATED TO CEASE DURING SECOND FISCAL QUARTER OF 2018.SUNOPTA - EXPECTS TO INCUR EXPENSES RELATING TO WAHPETON FACILITY CLOSURE OF APPROXIMATELY $2.0 MILLION TO $2.5 MILLION RELATED TO ASSET IMPAIRMENT CHARGES.SUNOPTA - CHARGES RELATING TO WAHPETON FACILITY CLOSURE ARE EXPECTED TO BE RECOGNIZED DURING Q4 OF FISCAL 2017.  Full Article

Sunopta Q3 adjusted loss per share $0.02
Wednesday, 8 Nov 2017 07:30am EST 

Nov 8 (Reuters) - Sunopta Inc :Sunopta announces third quarter fiscal 2017 financial results.Q3 adjusted loss per share $0.02.Q3 loss per share $0.09 from continuing operations.Q3 revenue $320.7 million versus i/b/e/s view $335.7 million.Q3 earnings per share view $0.02 -- Thomson Reuters I/B/E/S.Sunopta inc - ‍derek briffett has been appointed to company's board of directors, increasing size of board to nine directors​.Sunopta - ‍announcement of exit from nutrition bar product lines and operations in carson city, nv, targeting substantial completion by end of q4 2017​.  Full Article

Sunopta says ‍intends to exit its nutrition bar product lines and operations in Carson City, NV​
Wednesday, 27 Sep 2017 07:30am EDT 

Sept 27 (Reuters) - Sunopta Inc ::Says ‍intends to exit its nutrition bar product lines and operations in Carson City, NV​.Says ‍cessation of operations is part of co's ongoing portfolio optimization strategy and value creation plan​.Sunopta Inc - ‍expects to incur charges of approximately $8.0 million to $9.5 million relating to facility closure​.Sunopta Inc says working with its nutrition bar customers to expedite exit from these operations and is targeting completion by end of fiscal 2017​.Sunopta Inc - ‍decision to cease operations at carson city is accretive to ebitda and allows co to redeploy both financial and human resources towards more profitable segments of co's business​.Sunopta Inc - non-cash and cash charges relating to facility closure are expected to be recognized during third and fourth quarters of fiscal 2017.Sunopta-Cash charges relating to facility closure are expected to be largely offset by recovery of working capital after full wind-down of operations.  Full Article

FDA says Sunopta's unit voluntarily recalls some products
Wednesday, 23 Aug 2017 05:00pm EDT 

Aug 23 (Reuters) - U.S. FDA::U.S. FDA-Sunopta's unit voluntarily recalls certain frozen organic dark sweet pitted cherry products due to possible contamination by listeria monocytogenes.U.S. FDA-Recall includes frozen organic dark sweet pitted cherry products distributed from Sunrise Grower’S facility in Edwardsville, Kansas on Aug 10.U.S. FDA - in connection with the recall, no illnesses related to the consumption of the dark sweet pitted cherry products have been reported‍​.  Full Article

Sunopta's unit issues voluntary recall of certain frozen organic dark sweet pitted cherry products​
Wednesday, 23 Aug 2017 09:30am EDT 

Aug 23 (Reuters) - Sunopta Inc ::Recall of certain frozen organic dark sweet pitted cherry products due to possible contamination by listeria monocytogenes.Subsidiary Sunrise Growers issued a voluntary recall of certain frozen organic dark sweet pitted cherry products​.Ninety cases of great value organic dark sweet pitted cherry products are being recalled​.Recall of products due to the potential to be contaminated with listeria monocytogenes​.  Full Article

Sunopta posts Q2 adj. loss $0.01/shr from continuing operations
Wednesday, 9 Aug 2017 07:30am EDT 

Aug 9 (Reuters) - Sunopta Inc :Sunopta announces second quarter fiscal 2017 financial results.Q2 loss per share $0.03 from continuing operations.Q2 revenue $336.5 million versus I/B/E/S view $341.2 million.Q2 adjusted loss per share $0.01 from continuing operations.  Full Article