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Clearwater Seafoods sees net losses grow in Q3

The Bedford, Nova Scotia-based shellfish giant finished the 13 weeks that ended Sept. 28, 2024 with revenue of CAD 154.0 million ($137m) and losses of CAD 19.0m

By Barb Dean-Simmons | Nov. 7, 2024 18:29 GMT
Clearwater Seafoods Lobsters. Photo from Clearwater Seafoods Facebook page
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Canadian shellfish giant Clearwater Seafoods' may have seen a small year-on-year bump in revenue in its third quarter, but its losses are five times worse than they were a year ago, based on the financial report delivered Wednesday (Nov. 6) by 50% owner Premium Brands Holdings. [...]

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