Clearwater Seafoods' earnings victimized by inflation, volatile snow crab market

Clearwater's snow crab challenges were partially offset by strong prices for frozen-at-sea scallops, clams and coldwater shrimp, however.

Ian Smith, CEO of Clearwater Seafoods, said the Canadian harvesting and processing giant, co-owned by Premium Brands and the Mi'kmaq First Nation, reported a challenging fourth quarter as a volatile snow crab market took a toll.
Ian Smith, CEO of Clearwater Seafoods, said the Canadian harvesting and processing giant, co-owned by Premium Brands and the Mi'kmaq First Nation, reported a challenging fourth quarter as a volatile snow crab market took a toll.IntraFish
Published 4 November 2022, 12:01Updated 4 November 2022, 12:16
Premium BrandsLobsterCrabSnow crabClearwater Seafoods