Earnings
January 24, 2021 - BAM.A
New! Brookfield Asset Management Inc. Q3-2020 Earnings, Price Target Forecast .....
January 22, 2021 - BIP.UN
Brookfield Infrastructure Partners LP - Q3-2020 Earnings, Price Target Upda .....
January 21, 2021 - RNW
TransAlta Renewables Inc. Q3-2020 Earnings, Price Target Update .....
January 20, 2021 - TA
TransAlta Corp. Q3-2020 Earnings, Price Target Update .....
January 17, 2021 - ALA
AltaGas Ltd - Q3-2020 Earnings, Price Target Update .....
January 16, 2021 - QBR.B
Quebecor Inc. - Q3-2020 Earnings, Price Target Update .....
January 14, 2021 - SJR.B
Shaw Communications Inc. Q1-2021 Earnings. Price Target Update .....
January 14, 2021 - ENB
Enbridge Inc. Q3-2020 Earnings & Price Target Update .....
Recommendation Changes
PLC, CRT.UN, TF, MKP, INE, more...

Premium Brands Holding Corp. Common Share New Issue

This is only a sample of the article, please login to view the entire article

Premium Brands has issued $200M common shares at $97.55

Q3-2020 Earnings Update (Nov/12/2020)

Premium Brands Holdings (PBH) owns a broad range of branded specialty food processing, food wholesaling and food distribution businesses with operations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nova Scotia, Nevada, Ohio, Arizona, Minnesota, Mississippi, California and Washington State. Revenues are reported in two segments; Specialty Foods comprise 70% of revenues and 65% of gross profit and Premium Foods contributes 30% of revenues and 35% of gross profits. Approximately 70% of sales are from Canada and 30% from the US. The Specialty Foods segment's sales are to: (i) retailers, including delicatessens, small specialty grocery chains, convenience stores, gas bars, large national and regional grocery chains and warehouse clubs; and (ii) caf├ęs selling convenience type grab-and-go foods such as fresh pre-made sandwiches, wraps and pastries. Acquisitions for the 2018-2019 period totaled $1B and are on track for another $0.6B for 2020. This includes the acquisition of a 50% interest in Clearwater Seafoods for $500M(50% share) in Nov-2020. Total assets are forecast to increase to $3.5B at Dec-31-2020 from $856M as Dec-31-2015. Revenues peak in the spring and summer months due to favourable weather conditions and decline in the fourth quarter due to a return to poorer weather conditions.

You must be a member to view the entire article, please subscribe or login


Login
Username
Password
New Issues & Acquisition
January 23, 2021
New! Coverage Universe - Weekly Price Change: Jan15-22, 2021
January 15, 2021
Coverage Universe - Weekly Price Change: Jan 8-15, 2021
January 9, 2021
Coverage Universe - Weekly Price Change: Jan 1-8, 2021
January 1, 2021
Coverage Universe - Weekly Price Change: Dec 24-Jn 1, 2021
December 26, 2020
Coverage Universe - Weekly Price Change: Dec 18-24, 2020
December 19, 2020
Coverage Universe - Weekly Price Change: Dec 11-18, 2020
December 11, 2020
Coverage Universe - Weekly Price Change: Dec 4-11, 2020
December 4, 2020
Coverage Universe - Weekly Price Change: Nov 27-Dec 4, 2020