Premium Brands once again posts record revenue, earnings in Q3 2022

Published on
November 8, 2022
Premium Brands CEO George Paleologou

Vancouver, British Columbia, Canada-based Premium Brands Holding Corporation posted strong third-quarter 2022 revenue, though sales at its Clearwater Seafoods subsidiary flagged slightly due to delayed crab sales and a stronger Canadian dollar.

The company posted Q3 revenues of CAD 1.62 billion (USD 1.2 billion, EUR 1.19 billion), a CAD 282.1 million (USD 210 million, EUR 208 million) increase compared to Q3 2021. 

Clearwater Seafoods, which the company acquired in November 2020, saw its performance drop slightly in Q3 2022 compared to the same period in 2021. Clearwater had sales of CAD 157.7 million (USD 117.3 million, EUR 116.5 million), down from  ... 

Photo courtesy of Premium Brands

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