loading

Recent events

GLuna Shrimp owner Gabriel Luna

AdvertisementX
AdvertisementX

Analysis

Analyst cuts High Liner US sales forecast on lost business, competitive market

Analyst cut his US sales projections for High Liner from 2.5% growth to 1.1% drop for 2013, partly as a result of the loss of a large contract in 2012

By Tom Seaman | Feb. 22, 2013 16:24 GMT
High Liner will be eliminating some of its 1,800 SKUs and increasing a few prices, CEO Henry Demone confirmed in an earnings call on Thursday.
High Liner CEO Henry Demone
Related

Analyst downgrades High Liner on falling cod prices, rising freight rates

High Liner needs to spend big on M&A to hit 2016 earnings target, says analyst

High Liner held back by ‘soft’ US restaurant sales, reduced sales prices

High Liner needs to spend big on M&A to hit 2016 earnings target, says analyst

Analyst tweaks High Liner sales forecast down on lower cod prices

Analyst tweaks High Liner sales forecast down on lower cod prices

High Liner puts $4.3m into Sea Cuisine campaign

High Liner to cease operations in Malden plant

High Liner needs ‘at least two’ acquisitions to hit $150m earnings target

High Liner Q4 earnings drop 10% as annual sales pass $1bn

Analysts: High Liner debt amendments gives it room for acquisitions

High Liner will be eliminating some of its 1,800 SKUs and increasing a few prices, CEO Henry Demone confirmed in an earnings call on Thursday.
AdvertisementX

An analyst has shifted his 2013 US sales forecast for High Liner Foods from an increase of 2.5% to a drop of 1.1%, partly as a result of the company losing a large foodservice contract in 2012. [...]

Want to keep reading?

Sign up for a trial to have full access to our articles for 7 days!

free read Mexican drug cartel linked to illegal red snapper harvests in US waters

Chile’s Multi X posts Q3 loss as costs rise, demand drops in China, US

Dermo oyster disease spreads in Atlantic Canada

IPHC faces tough choices as Pacific halibut biomass shrinks

AdvertisementX

Contact the author [email protected]

Stay on the pulse

Get recommendations, data, editor’s picks, and the latest news from around the seafood world straight to your inbox.

Select your interests

Please select at least one newsletter d indicates our daily newsletters | 2w indicates twice-weekly | All others sent weekly All briefings are sent weekly, unless otherwise indicated
Region
Breaking news
Jobs
Species
Topic

Fill in your details

Please select at least one newsletter!
  • (eg new industry reports, prices data)
  • (eg subscription or report early birds)
  • (eg advertising, trade shows news)
How we handle your data We never share, sell or distribute our subscribers’ data. You may at any time unsubsribe from our newsletters, and request that we erase all information stored about you. Please check our Privacy policy for more details.

We use MailChimp and HubSpot as our email campaign platforms. By subscribing, you agree that the information you provide will be transferred to MailChimp and HubSpot for processing in accordance with their privacy policies (MailChimp privacy policy, HubSpot privacy policy) and terms (MailChimp terms, HubSpot terms).

Thank you. Please check your inbox to confirm your selection and start receiving newsletters.

Cookies on Undercurrent News

We use cookies for performance, security and analytics. To stop seeing this banner click Accept, or select Manage cookies to set your preferences and privacy settings.