Canfor Corp
CFP: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ?<$ | LOCK|<f | LOCK|>y&>D< |
Canfor Earnings: Good Progress on the Lumber Turnaround Story
Canfor Corporation reported second-quarter sales of CAD 1.53 billion, up 10.7% year over year. Gross margin improved 640 basis points to 25.2% while adjusted diluted earnings per share improved to a loss of CAD 0.05, up from a CAD 0.56 loss a year ago.
