Premium Brands Sees Record Q3 Revenue Despite Challenges; Lobster Sales Up, Volume Dips
Major Canadian food company Premium Brands Holdings unveiled its third-quarter financial results, which saw the firm land a record third-quarter revenue of CAD 1.67 billion (US$1.2 billion). The company said it saw solid progress in its Specialty Foods’ core U.S. growth initiatives in protein and baked goods. However, its sandwiches group was impacted by consumer demand challenges that hit a major customer.
“Despite temporary headwinds faced by our Sandwich group in the quarter, we remain on course and continue to make...
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