High Liner’s product cuts from ‘simplification push’ drove volume decline
CEO Rod Hepponstall said there were several reasons for the volume decline, including product and customer eliminations, the later timing of Lent, and the loss of a major customer
Nearly half of the 11% decline in sales volumes that Canada's High Liner Foods suffered in first quarter 2019 -- it sold 9.6 million fewer pounds of seafood during the quarter year-on-year -- was due to the company's culling of less profitable product lines to "simplify" the business, executives said. [...]
Want to keep reading?
Sign up for a trial to have full access to our articles for 7 days!
Have an account? Log in here:
Enter the email address associated with your account.We'll send you instructions to reset your password.
We’ve sent a link toto change your password.
Please check your inbox to reset your password securely and easily.
We use cookies for performance, security and analytics.To stop seeing this bannerclick Accept, or selectManage cookiesto set your preferences and privacy settings.
