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US crab importer Blue Star Foods saw 26% sales drop, $5.1m net loss in 2019

CEO and executive chairman John Keeler blamed his company's sales decline again on its exit from private label business and continues to eye possible acquisitions

By Jason Huffman | June 2, 2020 17:38 BST
Image from a Blue Star Foods' sales presentation.
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Blue Star Foods Corp., the Miami, Florida-based crab importer that suffered through a divisive management shakeup in 2019, finished the year with a $5.1 million net loss on sales of $23.8m, the company revealed in an annual report filed Friday with the Securities and Exchange Commission (SEC).  [...]

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