Canadian shellfish giant Clearwater reported a 10 percent decrease in third quarter earnings as the company continued to struggle with reduced foodservice sector orders amid the coronavirus pandemic.

Earnings before interest, taxes, depreciation and amortization (EBITDA) for the quarter came in at CAD 30.9 million (€19.8 million/$23.6 million).

Sales for the period dropped 24 percent, to CAD 133.7 million (€85.8 million/$102 million), while gross margin reached 20.5