Finance

Investors shaken by cost of Chicken of the Sea's price-fixing settlement

The numbers took away confidence in what was otherwise a solid second quarter, analysts told IntraFish.

Chicken of the Sea canned tuna. The company's price-fixing settlements in the US took a bigger toll than expected on the second quarter.
Chicken of the Sea canned tuna. The company's price-fixing settlements in the US took a bigger toll than expected on the second quarter.Photo: Mike Mozart/Flickr
Published 8 August 2019, 07:55Updated 8 August 2019, 15:02