Premium Brands Sets Q2 Sales Record, But Clearwater Seafoods Posts Loss
Canadian seafood firm Clearwater Seafoods reported a dip in revenue and earnings during the second quarter of 2025, while Clearwater’s parent company, Premium Brands Holdings, posted record revenues and an increase in EBITDA compared to the same quarter last year.
Clearwater Seafoods saw its revenue dip in Q2 2025 by CAD 8.2 million ($6.0 million). The company attributed the dip to the below-average harvesting conditions for Canadian scallops and clams due to “natural variability” of the species and a turbot catch landing after the quarter, compared...
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