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BRIEF-Clearwater Seafoods Inc posts Q1 adj. earnings $0.04/shr

Published 2016-05-17, 08:57 a/m
© Reuters.  BRIEF-Clearwater Seafoods Inc posts Q1 adj. earnings $0.04/shr
CLR
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May 17 (Reuters) - Clearwater Seafoods Inc CLR.TO
* 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"

Source text for Eikon: ID:nCNWf1HKwa
Further company coverage: CLR.TO

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