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Interstate-shipment program for meat expands

TORONTO - Some of the most active companies traded Thursday on the Toronto Stock Exchange:Toronto Stock Exchange (18,041.97, up 126.06 points.)The Supreme C

MONTREAL — Saputo Inc. reported an uptick in its third-quarter profit on Thursday as strong retail sales at grocery stores outweighed weak demand from restaurants, cafeterias and other foodservice . . .

Winnipeg Free Press By: The Canadian Press Last Modified: 3:20 PM CST Thursday, Feb. 4, 2021 MONTREAL - Saputo Inc. reported an uptick in its third-quarter profit on Thursday as strong retail sales at grocery stores outweighed weak demand from restaurants, cafeterias and other foodservice costumers. A Saputo Inc., logo is shown during the company's annual general meeting in Laval, Que., on August 8, 2019. THE CANADIAN PRESS/Graham Hughes MONTREAL - Saputo Inc. reported an uptick in its third-quarter profit on Thursday as stro...

"For the first time since the pandemic started, our volumes were on par with last year," Lino Saputo Jr., Saputo's board chairman and CEO, told analysts during a conference call. "Thanks to our strong portfolio of retail brands and by adapting our product offering early on in the pandemic, we captured new opportunities in the retail market segment," he said. "We also benefited from increased sales volumes in the industrial markets." The global dairy giant is also expanding its foray into non-dairy cheese and dairy alternative products. "The category today is very small but the potential we f...