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Clearwater Seafoods Inc (CLR.TO)

CLR.TO on Toronto Stock Exchange

7.15CAD
3:57pm EST
Change (% chg)

$-0.06 (-0.83%)
Prev Close
$7.21
Open
$7.38
Day's High
$7.41
Day's Low
$7.11
Volume
96,973
Avg. Vol
102,122
52-wk High
$13.23
52-wk Low
$6.90

Latest Key Developments (Source: Significant Developments)

Clearwater Seafoods Incorporated announces proposes offering of senior unsecured notes
Monday, 17 Apr 2017 08:18am EDT 

April 17 (Reuters) - Clearwater Seafoods Inc :Announces proposed offering of senior unsecured notes.Expects to enter into new senior secured credit facilities in an aggregate principal amount of up to $335.0 million.Intends to use net proceeds, as well as expected borrowings under senior secured credit facilities, to refinance existing indebtedness.  Full Article

Clearwater reports qtrly earnings per share $0.13
Wednesday, 8 Mar 2017 09:26am EST 

Clearwater Seafoods Inc : Clearwater reports 2016 full year results and positive outlook for 2017 . Clearwater Seafoods- Inventory levels increased during Q3, Q4 2016 to higher than anticipated levels following successful harvesting in clam fleet . Qtrly earnings per share $0.13 . Clearwater Seafoods Inc qtrly adjusted earnings per share $0.01 . Q4 sales C$165.7 million versus C$165.5 million .Clearwater Seafoods Inc - "Global demand for seafood is outpacing supply, creating favorable market dynamics for vertically integrated producers".  Full Article

Clearwater Qtrly adjusted earnings per share $0.02
Thursday, 4 Aug 2016 10:38am EDT 

Clearwater Seafoods Inc : Clearwater reports second quarter results supporting positive outlook for 2016 . Qtrly earnings per share $0.16 . Qtrly adjusted earnings per share $0.02 . Clearwater Seafoods Inc says Q2 sales and adjusted EBITDA of $140.2 million and $27.5 million representing growth rates of 20% and 24% respectively . Clearwater Seafoods Inc says Board of Directors approved and declared a dividend of $0.05 per share ."Supply of wild seafood is limited and is expected to continue to lag behind growing global demand".  Full Article

Clearwater Seafoods announces $35 mln bought deal public offering
Tuesday, 31 May 2016 08:01am EDT 

Clearwater Seafoods Inc : Announces $35 million bought deal public offering and concurrent $15 million non-brokered private placement . Offering 2.5 million common shares from treasury of company, at a price of $13.90 per share .Net proceeds of offering and concurrent placement will be used for repayments on revolving debt facilities.  Full Article

Clearwater Seafoods Inc posts Q1 adj. earnings $0.04/shr
Tuesday, 17 May 2016 08:37am EDT 

Clearwater Seafoods Inc : Clearwater reports record first quarter results supporting positive outlook for 2016 . Q1 sales of $116.2 million, up 54 pct . Q1 sales and gross margin helped by strong market demand in all regions as well as higher selling prices . Qtrly earnings per share $0.24 . Qtrly adjusted earnings per share $0.04 . "global demand for seafood is outpacing supply" ."supply of wild seafood is limited and is expected to continue to lag behind growing global demand".  Full Article

Clearwater Seafoods Inc announces Chief Financial Officer succession
Thursday, 3 Mar 2016 08:16am EST 

Clearwater Seafoods Inc:Says Bob Wight will retire later this year.Teresa Fortney will be appointed Vice President Finance and Chief Financial Officer, effective March 24.  Full Article