# Premium Brands Targets $10 Billion in Sales and $1 Billion in EBITDA by 2027 By John Kim Canonical URL: https://www.tokenpost.com/news/business/51521 Published: 2026-11-08T10:06:38.000Z Updated: 2026-11-08T10:06:38.000Z Section: Business > A procurement initiative at Stampede is expected to start in Q1 2027 and could generate $25 million to $30 million in annual savings. Premium Brands Holdings Corporation is targeting $10 billion in sales and $1 billion in EBITDA by the end of 2027, while pursuing procurement changes that could lower costs at Stampede. The company has $170 million in confirmed business launching through the fourth quarter and into 2027, alongside more than $900 million in initiatives under development. Management expects new initiatives to contribute about 70% of 2027 growth, with run-rate growth accounting for the other 30%. It cautioned that launch timing remains uncertain. A procurement initiative at Stampede is expected to begin in Q1 2027 and could produce $25 million to $30 million in annual savings. Stampede softness and a customer promotion shifted from the third quarter to the fourth contributed to Specialty Foods sales falling about $20 million below plan and a CAD 12 million EBITDA shortfall. Management also expects protein deflation to support fourth-quarter results. The targets follow Premium Brands’ [third-quarter results](), which included C$2.4 billion in revenue from continuing operations. ## Links in this article - [third-quarter results](https://www.tokenpost.com/news/business/51260)