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High Liner Foods Inc (TSE:HLF)
TSX:HLF
Earnings Data
Report Date
Aug 07, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.59Last Year’s EPS
0.35Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 13, 2025
|% Change Since: 12.23%
|Next Earnings Date:Aug 07, 2025
Earnings Call Sentiment|Neutral
High Liner Foods faced challenges in Q1 2025 primarily due to the later timing of Lent, a slowdown in foodservice, and foreign exchange impacts. However, the company demonstrated resilience through strong retail performance, innovation, and operational efficiencies. The promising start to Q2 indicates potential for recovery and growth despite the headwinds.Company Guidance
During the High Liner Foods Q1 2025 conference call, the company provided detailed guidance on its financial performance, highlighting several key metrics despite the challenging macroeconomic environment. Sales volume decreased by 1.5% to GBP66 million, and net sales fell by 3.1% to $268.4 million, mainly due to a later Lenten period and decreased foodservice traffic, although retail and contract manufacturing experienced growth. Gross profit decreased by 3.1% to $63.5 million, with gross profit as a percentage of sales increasing slightly to 23.7%. Adjusted EBITDA fell by 6.1% to $32.1 million, and net income decreased by 7.8% to $15.3 million. The company also noted an increase in net debt to $274.7 million from $233.2 million at the end of fiscal 2024, with a net debt to adjusted EBITDA ratio of 2.7x. Despite these declines, the company expressed optimism in its resilience and strategic initiatives, projecting strong performance for the first half of 2025 and aiming to maintain a net debt to adjusted EBITDA ratio below its long-term target of 3x by the end of fiscal 2025.Retail Channel Success
Volumes and sales grew in the retail business during Q1 2025, supported by targeted promotional activities and new product innovations, such as the Sea Cuisine shrimp skewers. The U.S. retail market saw notable growth with brands like Fisher Boy and Sea Cuisine outperforming the category.
Innovation and Product Development
High Liner Foods increased focus on innovation, introducing new products such as Sea Cuisine shrimp skewers and Cheddar Biscuit Tilapia, which have been well-received in the market. The company is also leveraging alternative species to combat price and supply challenges.
Operational Performance and Strategic Initiatives
The company has implemented effective promotional strategies and operational improvements, maintaining a stable gross margin percentage despite various headwinds.
Strong Start to Q2 2025
Despite the challenges in Q1 due to the late timing of Lent, the company reported strong performance in April 2025, setting a positive tone for Q2.
TSE:HLF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:HLF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2025 | C$16.76 | C$17.33 | +3.40% |
Feb 26, 2025 | C$15.44 | C$16.40 | +6.22% |
Nov 08, 2024 | C$12.78 | C$12.96 | +1.41% |
Aug 07, 2024 | C$12.50 | C$12.91 | +3.28% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does High Liner Foods Inc (TSE:HLF) report earnings?
High Liner Foods Inc (TSE:HLF) is schdueled to report earning on Aug 07, 2025, TBA Not Confirmed.
What is High Liner Foods Inc (TSE:HLF) earnings time?
High Liner Foods Inc (TSE:HLF) earnings time is at Aug 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:HLF EPS forecast?
TSE:HLF EPS forecast for the fiscal quarter 2025 (Q2) is 0.59.