Canada's High Liner Foods Q4 sales rise 15%, beat estimates

High Liner Foods

25/02/2026 22:10

Overview

Canadaian frozen seafood firm's Q4 revenue rose 15%, beating analyst expectations

Adjusted EPS for Q4 missed analyst expectations

Company faced margin constraints but advanced improvement initiatives

Outlook

Highliner Foods expects year-over-year adjusted EBITDA growth starting in Q1 2026

Company plans to offset higher raw material costs and tariffs through cost reductions

Highliner Foods launches new fully cooked seafood line to expand category

Result Drivers

SALES GROWTH - Sales increased by 15% in Q4 2025, driven by higher volume and pricing reflecting inflationary markets and favorable product mix

MARGIN PRESSURE - Gross profit decreased due to higher raw material costs and tariffs on seafood imports

ACQUISITION IMPACT - Conagra Brands acquisition led to temporary margin contraction as company sold through acquired inventory

Company press release: ID:nCNWTKzkDa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Beat
$270.23 mln
$255.29 mln (3 Analysts)
Q4 Adjusted EPS
Miss
$0.09
$0.18 (3 Analysts)
Q4 EPS
$0.27
Q4 Adjusted Net Income
$2.71 mln
Q4 Net Income
$8.03 mln
Q4 Adjusted EBITDA
$19.25 mln
Q4 Gross Profit
$49.74 mln


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)