March 6 (Reuters) - Clearwater Seafoods Inc CLR.TO :
* CLEARWATER REPORTS FOURTH QUARTER AND ANNUAL 2017 RESULTS
* CLEARWATER SEAFOODS INC - INVENTORY DECLINED $12.6MILLION FOR2017 COMPARED TO $22.0 MILLION INCREASE IN 2016
* CLEARWATER SEAFOODS INC - CAPITAL SPENDING IS EXPECTED TODECLINE BY $60-70 MILLION IN 2018
* CLEARWATER SEAFOODS INC - QTRLY SALES C$174.8 MILLIONVERSUSC$165.7 MILLION
* CLEARWATER SEAFOODS INC - IN Q4 2017, CO INITIATEDCOMPANY-WIDERESTRUCTURING TARGETING ANNUALIZED SAVINGS IN EXCESS OF $10MILLION
* CLEARWATER SEAFOODS INC - QTRLY DILUTED LOSS PER SHAREC$0.17
* CLEARWATER SEAFOODS INC - COMPANY-WIDE RESTRUCTURINGRESULTEDIN ONE-TIME CHARGES OF $6.7 MILLION IN Q4 2017
* CLEARWATER SEAFOODS INC - QTRLY ADJUSTED LOSS PER SHAREC$0.02