high liner foods fish sticks

Most of those calories come from fat (38%) and carbohydrates (45%). Today and tomorrow. Please be aware of the risks associated with these stocks. This recall resulted in $13.5 million in net losses through consumer refunds, customer fines, the return of product, and incremental costs. However, its financial reporting is done in US dollars. The prevalence of these products in HLF's portfolio has made sales growth difficult and has reduced the efficiency of its manufacturing efforts, hindering margins. Stable business with slowly-increasing revenues. Over the past several years, organic growth has been challenging for the company. High Liner Foodservice BEING ONE OF THE BIGGEST FISH IN SEAFOOD MEANS GOING BEYOND JUST THE PRODUCT. Preheat oven to 475F. I wrote this article myself, and it expresses my own opinions. Cook to a minimum internal temperature of 165F. Place frozen fish in a single layer on a shallow baking pan. It is the leader in its segment in Canada and second in volume in the United States. forced air convection oven: place single layer of frozen fish sticks on shallow baking pan in preheated 425f/220c oven for about 6 minutes.. oven: place single layer of frozen fish sticks on shallow baking pan in . Shares have been battered over the past 1.5 years, falling from heights of over $26. Browse Whole Foods Market products by store aisles. No artificial additives Product Number: 00061763023118 I value shares at ~ C$13.50/share in one year, for 28% gains, including dividends. 2003-2021 WebstaurantStore Food Service Equipment and Supply Company All Rights Reserved.Variation ID: The Leading Distributor of Restaurant Supplies and Equipment. Learn the good & bad for 250,000+ products. Catch Of The Day Tilapia Fillets. Fast delivery to your home or office. *All percent daily value figures are based on a 2,000 calorie diet. Rubicon was purchased for $100.6 million ($75.0 million in cash and 2.43 million shares worth $25.8 million at the time) on May 30, 2017. 32 oz 20. For sales or product inquiries, please call 1-888-820-0900. Fish sticks by HIGH LINER contains 1.5 g of saturated fat and 10 mg of cholesterol per serving. Like many, we adore our fish sticks, but today, High Liner offers so much more than our legendary classics. This estimate may be conservative - 2017 was marked by a shortage during the crucial Lenten period, so HLF should operate more efficiently in 2018. oven: place single layer of frozen fish sticks on shallow baking pan in . How much protein is in High Liner Fish Sticks? 1. $5.72. forced air convection oven: place single layer of frozen fish sticks on shallow baking pan in preheated 425f/220c oven for about 6 minutes. Place oven rack in center of the oven. Big on Shrimp Better Prep With labor and budget concerns as a forefront challenge, High Liner Foodservice has solutions to help ease back-of-house preparation. All figures in this article are listed in US dollars unless otherwise noted. High Liner, Fisher Boy, Fish Sticks High Liner Foods. High Liner grows both through organic sales volume growth and through acquisitions of other frozen seafood businesses. 1. If you have an ad-blocker enabled you may be blocked from proceeding. What do you think of this page? Garnish with fresh mint and orange zest, and spike with bamboo skewers. This estimate may be conservative, since 2018 is unlikely to see a repeat of the 2017 shortages during Lent. Signature Cuts' white, flaky fillets are perfect when youre looking for a high quality, scrumptious meal. Highliner - Fish Sticks - Haddock, 350 Gram $11.99 $3.43/100g Add to Cart Save for Later Description Introduce your children to the nutritious & delicious taste of fish with these fun-to-eat, finger-friendly sticks in a crunchy breading. How can we improve it? Sodium . Please enable Cookies and reload the page. Content continues below --. ACV is a percentage which approximates the proportion of grocery stores and club stores (excluding Costco) where HLF products can be purchased. The retail channel includes grocery and club stores and our products are sold throughout the U.S., Canada and Mexico under the High Liner, Fisher Boy, Mirabel, Sea Cuisine and C. Wirthy & Co. labels. Perhaps, as a result, High Liner's share price has dropped from $26 CAD in September 2016 to a close of $11.03 CAD on March 5, 2018. The Smith family efforts quickly earned the respect of families throughout Eastern Canada. Its most recent quarterly report states: We are the leading North American processor and marketer of value-added (i.e. The purchase of Rubicon was intended to support HLF's organic growth through expediting species diversification, with the addition of Rubicon's frozen shrimp products to the HLF portfolio. This ratio rose due to the addition of $135 million in debt (due to the purchase of Rubicon and a large increase in working capital) and a $15 million drop in Adjusted EBITDA (partly due to higher raw material costs and the product recall). Main info: High Liner, Fisher Boy, Fish Sticks High Liner Foods 1 serving 210 Calories 24.0 g 9.0 g 9.0 g 2.0 g 0 mg 1.5 g 540.1 mg 2.0 g 0 g. Report a problem with this food Find on Amazon. The foodservice channel includes sales of seafood that are usually eaten outside the home and our branded products are sold through distributors to restaurants and institutions under the. High Liner Fish Sticks Calories There are 210 calories in a serving of High Liner Fish Sticks. Ingredients; Minced fish blend (pollock, whiting, haddock, cod, sole) Water: Wheat flour: Vegetable oil (canola, cottonseed, and/or soybean) Enriched wheat flour . In the final seven months of 2017, Rubicon contributed $117.1 million in revenue, $14.0 million in gross profit - gross margins of only 12.0% compared to 16.2% for HLF in 2017 and 19.5% in 2016. High Liner's stock price has suffered, with its dividend yield at its highest-ever level. Savour restaurant inspired dinners every night with our perfectly seasoned, lightly breaded fish. High Liner Foods is a Canadian food-processing company that specializes in processed frozen seafood. However, management is focused on coming up with solutions to those problems, and HLF has a diverse array of seafood products. 6 oz box . Poor execution in 2017 has hindered margins and share prices. The average EV/Adjusted EBITDA over this period is 9.6 - these 28% gains are possible even with a decline in EV/Adjusted EBITDA over the next year. EWG's Food Scores rates more than 80,000 foods in a simple, searchable online format to empower you to shop smarter and eat healthier. Seafood itself may be healthy, but fish sticks and fish and chips do not have a reputation for being nutritious. And so that has the impact on the margin mix. There are 210 calories in a serving of High Liner Fish Sticks. Fun things to do together as a family? Hi, I'm Telly the Pelly. The Company is also a major supplier of private-label value-added frozen premium seafood products to North American food retailers and foodservice distributors. There are so many ways for your family to discover High Liner. Note: Since appliances vary, these cooking instructions are only a guideline. Adjusted gross margins dropped 210 bps, and gross margins dropped 350 bps. Looking for fun for your family? However, this may be offset by a full-year of lower-margin Rubicon performance. High Liner Foods High Liner Fish Sticks, 44 ea. However, performance of the Rubicon unit has been disappointing. The recall was due to an ingredient supplied by a U.S.-based ingredient supplier. From the finest groceries and fresh produce to high-quality meat, supplements, and more for every lifestyle. Main info: High Liner Fish Sticks Fisher Boy 1 serving 210 Calories 24.0 g 9.0 g 9.0 g 2.0 g 10.0 mg 1.5 g 540.0 mg 2.0 g 0 g. . HLF's 2017 results were hindered by poor performance from Rubicon (discussed above), a product recall in April 2017, and production challenges arising from the September 2016 sale of a scallop facility in New Bedford, MA. ingredients: minced fish blend (pollock, whiting, haddock, cod, sole), water, wheat flour, vegetable oil (canola, cottonseed, and/or soybean), enriched wheat flour (flour, niacin, ferrous sulfate, thiamine mononitrate, riboflavin, folic acid), modified corn starch, soy protein concentrate, sugar, contains 2% or less of: salt, isolated soy This will improve operation efficiency and help HLF optimize its supply chain. Fishhook Chowder. Highliner - Fish Sticks - Haddock, 350 Gram $6.99 was $11.99 $2.00/100g Add to Cart Save for Later Sale Information Sales price valid from 9/8/2022 until 9/14/2022 Description Introduce your children to the nutritious & delicious taste of fish with these fun-to-eat, finger-friendly sticks in a crunchy breading. 300 . Bring the restaurant home, with our premium Pan-Sear Selects. . No artificial colors, flavors & preservatives. Source of omega3 Product Number: 00061763023095 You may also like The UPC for this product is 041600052099. Based in Lancaster, PA. WebstaurantStore is the largest online restaurant supply store servicing professionals and individual customers worldwide. Over 120 years ago five brothers of the Smith family started a seafood company in Lunenburg, Nova Scotia. This decline was due to a drop in sales volume, unfavorable product mix changes, raw material cost increases, and plant inefficiencies from transferring value-added fish operations from New Bedford, MA to other manufacturing facilities. HLF recorded a non-cash income tax recovery of $11.2 million recognized in the fourth quarter of 2017 associated with the Tax Cuts and Jobs Act. Despite the drop in 2017 performance, this dividend should be safe. Please. processed) frozen seafood, producing a wide range of products from breaded and battered items to seafood entres, that are sold to North American food retailers and foodservice distributors. A serving of High Liner Fish Sticks contains 6 Weight Watchers SmartPoints, 6 PointsPlus and 6 SmartPoints. Bake for 10 to 12 minutes or until golden brown. Family Favourites Whether they're craving traditional fish & chips or love ketchup-dunked fish sticks, our mild tasting fillets and fish sticks are deliciously breaded and battered to satisfy little fingers (and big ones too). Pickup not available at South Hill Supercenter Check availability nearby. Fun meals and snacks? I wrote this article myself, and it expresses my own opinions. Each of these factors (product mix, plant performance, and rising raw material prices) will continue into the coming year. Family Favourites Whether they're craving traditional fish & chips or love ketchup-dunked fish sticks, our mild tasting fillets and fish sticks are deliciously breaded and battered to satisfy little fingers (and big ones too). I am not receiving compensation for it (other than from Seeking Alpha). So we know what its like to keep everyone happy. Production challenges: In February 2016, HLF announced it would cease value-added fish operations at New Bedford to reduce excess production capacity across its network. ** Author's note: If you enjoyed this article, please hit "Follow" next to my name at the top of the page. see all family favourites Signature Cuts The business will face some headwinds in the form of rising seafood costs and shifting consumer preferences away from certain core areas. Ingredients, allergens, additives, nutrition facts, labels, origin of ingredients and information on product Fish sticks - High Liner Foods labels. High Liner Foods is an attractively-priced, stable food processing company. 1. USD $4.58 20.8 /oz. HLF has noted a desire to diversify its product portfolio to include more species experiencing the most growth in the marketplace, including Atlantic salmon and warm-water shrimp. Rubicon contributed only $3.8 million to Adjusted EBITDA in seven months of 2017, compared to pro forma EBITDA of $16.0 million in 2016. Even assuming EV/Adjusted EBITDA contraction back to the four-year mean, investors could see 28% gains in HLF over the next year. Our core brands give us the unique ability to serve our customers with a variety of processed and unprocessed seafood that meets their diverse needs. HLF management cited "residual manufacturing challenges associated with production transferred from our previously owned New Bedford facility, which resulted in an inability to meet heightened demand in March related to a late Lent and which was worsened by production interruptions at the Company's facilities as a result of the product recall" as a reason for lower sales volume in 2017. Quick, easy, and ready to eat in 20 minutes. The timing of Lent (based on the timing of Easter) can impact HLF's quarterly results. Despite that fall, revenues have not faltered, and have continued to increase. Long-term growth may also be found through a growing and aging population, leading to a focus on healthier eating. Skip main navigation. Below are the nutrition facts and Weight Watchers points for a serving of High Liner Fish Sticks. Personalized health review for High Liner Fish Sticks,Crunchy 60 Ct: 240 calories, nutrition grade (C), problematic ingredients, and more. Well, if you look at what happened last year, right, I mean we did have a slip up in our planning in Q1 of last year. The brothers wanted to offer exceptional products and service to their neighbours in the community. Thats why weve gone to great lengths to create products, and quick & easy recipe ideas thatll keep friends and family asking for seconds. HLF paid $0.565 CAD/share in dividends in 2017 and delivered $0.98/share in basic EPS, for a payout ratio of 58%. From dunkable fish sticks and haddock bites for little kids to restaurant quality fillets for adults, made right here in Canada. I have no business relationship with any company whose stock is mentioned in this article. HLF has paid a quarterly dividend since 2003. -- Advertisement. ** High Liner Foods is publicly-traded on the Toronto Stock Exchange under the symbol HLF. Part of this decline is due to Rubicon, which attained gross margins of 12.0% in its seven months as part of HLF. Toss cooked fish with marmalade. And then just as we were solving those issues, we got hit by this massive recall. Adjusted EBITDA declines reflect the lower gross profit, although $11.5 million USD has been added back from the impact of the product recalls (but $2.0 million USD in losses have not been added back). HLF's most recent quarterly report notes that Rubicon's contribution to adjusted EBITDA in 2017 "is significantly below the annual pro forma Adjusted EBITDA expected from this business when it was purchased due to raw material cost increases that have not been fully passed on to customers, along with lower than expected volumes, particularly in the fourth quarter of 2017.". grocery delivery service today! Forward dividend yields have swelled to ~ 5.3% (based on $0.145 CAD/quarter dividends), the highest yield in the company's 15-year dividend history. Its 2017 execution was spotty, marred by production challenges and a recall in the busy Lent season. And soon after, from coast to coast. fish sticks Ships frozen UPC Code:400013204462 Save when you order High Liner Fish Sticks and thousands of other foods from MARTIN'S online. That is primarily driven by mix in the business, unfortunately, so we continue to see some declines in our higher-margin value-added business and some increases in our lower-margin procured business. Sugar 2g. HLF also expands through acquisition, including six acquisitions since late 2007. deep fry: immerse frozen fish sticks in preheated 350f/180c oil for about 3 minutes. Fish sticks by HIGH LINER belong to 'Frozen Fish & Seafood' food category. Our focus is your convenience order online from your laptop, desktop, or smartphone 24 hours a day, 7 days a week. I value shares at ~ C$13.50/share in one year, which would represent 28% upside, including dividends. Margins (especially gross and EBITDA) fell in 2017 due in part to production challenges that are unlikely to recur. These problems appear to be one-time in nature and should not recur in future years. Since 1899. Most of those calories come from fat (38%) and carbohydrates (45%). "Paul Jewer, CFO of High Liner Foods, on Fourth Quarter 2017 Earnings Call, Other factors that are at play include plant performance - improving, but still not where it needs to be - and rising raw material prices. Our mission is about whats next: To reimagine seafood and continually provide healthy, convenient and exciting new taste experiences for families. "- Henry Demone, CEO of High Liner Foods, on Fourth Quarter 2017 Earnings Call. 84 g of Fish sticks by HIGH LINER contains 1.40 mg of iron, 40.32 mg of calcium, 210 mg of potassium. Great source of protein & Omega-3. Content continues below -- High Liner Fish Sticks Nutrition Facts High Liner Foods (TSE:HLF; OTC: OTCPK:HLNFF) is a small-cap Canadian food-processing company that focuses on frozen fish products. Across our Family Favourites, Signature Cuts and Pan-Seared Selects we have a wide array of meal solutions. As Paul Jewer said of value-added products, "[I]t's difficult to achieve margin growth in a declining category.". Analysts on Yahoo Finance (although there are only three) expect $0.87 CAD/share in EPS in 2018, and $1.06 CAD/share EPS in 2019. I am not receiving compensation for it (other than from Seeking Alpha). HLF is attractively priced, despite potential headwinds, offering a sustainable dividend yield of ~ 5.3%, the highest dividend yield in the past 15 years. This form is protected by reCAPTCHA and the GooglePrivacy Policy and Terms of Service apply. Amount of protein in High Liner Fish Sticks: Protein 9g. USD $4.58 20.8 /oz. Based on an Adjusted EBITDA of $75.4 million in 2018, HLF shares could be worth ~ C$13.50 in one year. A taste both adults & kids will like. do not refreeze if thawed. Pollock Fish Sticks Read 1 reviews Item #: 872553366 $38.09 /Case $46.99 /Case Made with wild caught pollock fish Battered in a whole grain mixture IQF (individually quick frozen) to maintain fresh quality Each box holds up to 160 (1 oz.) Today, High Liner is a going concern, doing . Catch of the Day Haddock Fillets. deep fry: immerse frozen fish sticks in preheated 350f/180c oil for about 3 minutes. Consumer preferences have been moving away from High Liner's traditional breaded and battered frozen seafood products. Adjusted gross margins declined from 21.7% to 19.6% with gross profit falling $15.7 million. High Liner Fish Sticks . This estimate is based on the average EV/Adjusted EBITDA over the past four years for HLF, using share prices and exchange rates from shortly after the late-February release of annual results. HLF HIGH LINER FOODS INC 13.37 D 0.22% (0.03) Our Brands Sustainability is not an option. Below are the nutrition facts and Weight Watchers points for a serving of High Liner Foods Fish Sticks Nutrition Facts Serving Size 6 sticks (84 g) Amount Per Serving Calories 210 % Daily Values* Total Fat 9.00g 12% Saturated Fat 1.500g 8% Trans Fat 0.000g Cholesterol 10mg 3% Sodium 540mg 23% Total Carbohydrate 24.00g 9% Dietary Fiber 2.0g 7% Sugars 2.00g Protein 9.00g Vitamin D - Calcium - Iron - Potassium - 1. Although weve been feeding families for over a century, never resting on our laurels is key to what we do today. As of December 30, 2017, HLF had net interest-bearing debt of $387.9 million with 2017 Adjusted EBITDA of $66.1 million, for a ratio of 5.9x, up from 3.1x in 2016. At its current price, HLF offers attractive value on a stable food service brand, despite potential headwinds in the form of shifting consumer preferences and rising seafood costs. High Liner Fish Sticks Family Pack 700g. 750 g. 1. Highliner - Fish Sticks - Sole, 350 Gram $11.99 $3.43/100g Add to Cart Save for Later Description Made from tender Sole fillets & coated in a crunchy breading, these fish sticks are tasty & fun to eat. Despite consumer preferences moving away from battered fish, the frozen seafood market also presents growth opportunities. The most recent of these acquisitions was the purchase of privately-held Rubicon Resources, which imports and distributes sustainably - sourced frozen shrimp products in the private-label United States market. Demone is a business titan with savvy media and communicating skills, acquired during hundreds of media interviews during the year-long Canso Crisis that followed the fishery collapse.. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Nutrition Facts; For a Serving Size of . see all family favourites Signature Cuts Check out the food score for High Liner Fisher Boy Fisher Boy, Fish Sticks from EWG's Food Scores! Gross margins were substantially lower in 2017 than in 2016. . In USD, total sales increased 2.5% excluding exceptional items, or 1.9% in domestic currency (counting $1 CAD as $1). do not refreeze if thawed. This helps me build my readership and increases my visibility on Seeking Alpha. GF's fish and chips were Captain Highliner's finest pre cooked fish sticks which may have even been Method. No high fructose corn syrup. The 2016 results had also benefited from foreign exchange hedging results which did not recur in 2017 and a stronger CAD in 2016 relative to 2017. From dunkable fish sticks and haddock bites for little kids to restaurant quality fillets for adults, made right here in Canada. HLF's products are well-represented at Costco, so its actual ACV is higher than shown in the figures above. It's the Answer. Calories 2 g. Sat Fat 670 mg. HLF uses All Commodity Volume ("ACV") to measure its market presence. Please also leave questions, comments, feedback, and suggestions below. . Whether theyre craving traditional fish & chips or love ketchup-dunked fish sticks, our mild tasting fillets and fish sticks are deliciously breaded and battered to satisfy little fingers (and big ones too). With hundreds of thousands of products available and millions of orders shipped, we have everything your business needs to function at its best. Shares have also been kept constant, which is a reasonable assumption given their flat nature over the past four years - the only increase was in 2017, when 2.43 million shares were issued for the purchase of Rubicon. Our fast shipping, low prices, and outstanding customer service make WebstaurantStore the best choice to meet all of your professional and food service supply needs. Adjusted EBITDA fell $15.3 million, or 18.8%, in 2017. One of High Liner's challenges will be to innovate and diversify its seafood business, finding ways to be profitable outside its traditional breaded-and-battered seafood category. Rubicon is expected to make similar Adjusted EBITDA contributions in 2018 as in 2017, aside from reflecting a full 12 months. There was a problem submitting the request, please try again. Thyme-chili roasted potato, coconut milk & smoked fish broth, wild fish confit, smoked salmon belly bacon. I estimate that HLF will have 2018 revenue of $1.2 billion USD. In domestic currency units, adjusted EBITDA dropped 22.2% or $19.6 million. After taxes and interest costs, HLF posted a net profit of $31.4 million in 2017, compared to $32.3 million in 2016. The Public Market is open from 9am to 6pm, 7 days a week Longliner Seafoods, run by the Moorehead family, is one of the original tenants of the Granville Island Public Market. Add to list. High Liner Foods is a leading North American processor and marketer of value-added frozen seafood to the foodservice and retail trade. keep frozen until used. Fun on the High Seas! This should give HLF management the ability to pay and increase its dividend in the coming years. Conventional oven. Canadian adjusted sales rose 3.0% ($342.8 million CAD up from $332.8 million CAD) while USD adjusted sales, including Mexico, rose 1.3% to $680.7 million from $672.1 million. Excluding the exceptional items above, sales (in weight) dropped 0.9% in 2017, partly from the manufacturing challenges during Lent. High Liner Foods 10 lb. 120 years later High Liner is doing the same thing every single day. I have no business relationship with any company whose stock is mentioned in this article. Cooper. Despite this, High Liner's business model and positioning in the market are unchanged. Across our Family Favourites, Signature Cuts and Pan-Seared Selects we have a wide array of meal solutions. Toggle Site Navigation Menu . HLF expects to recover substantially all of these losses from the supplier, but that recovery is not yet reflected in HLF's results. Adjusted figures above remove the impact of Rubicon, the product recall, and 2016 sales from the New Bedford scallop facility. 365 by Whole Foods Market Lightly Breaded Fish Sticks. The foodservice channel includes sales of seafood that are usually eaten outside the home and our branded products are sold through distributors to restaurants and institutions under the High Liner, Icelandic Seafood and FPI labels. Amount of fiber in High Liner Fish Sticks: Fiber 2g. Ocean Dragon Basa Steak. High Liner is widely available in both the United States and Canada, with a stronger presence in Canada. High Liner notes that this metric excludes Costco (COST) due to its data collection sources. Including an expected C$0.58 of dividends, this represents 28% gains over the year. Weve got options for everyone in the family; from southwest crispy fish tacos to haddock chipotle burgers. We recognize that we have the responsibility to ensure that our oceans are healthy now and for future generations. Its 2017 execution was spotty, marred by production. Its yield is currently the highest it has been during that time, with a yield over 5%. There are so many ways for your family to discover High Liner. Back. We bring the fun to fish. On back of package. To combat this, the company is working to improve its current products and to deliver new products which better-align with changing consumer preferences. HLF's long-term target ratio is 3.0x. Over the years we have expanded our selection of commercial equipment and wholesale supplies to include healthcare, educational, food, beverage, office, parts and hotel supplies. Reimagining Seafood To Nourish Life Our goal is to become the leader in branded value-added seafood in North America. I find them. If HLF can maintain its 2017 Adjusted EBITDA margin of 6.3% (down from 8.5% in 2016), this would imply $75.4 million in Adjusted EBITDA. Source: Nov 2017 Investor Presentation (outdated by one quarter). The year also included worse-than-anticipated results from its May 2017 Rubicon acquisition. and foodservice distributors. These gains will be even greater if HLF management is able to improve plant efficiency and margins further. If you have any questions about how High Liner Foods starts from a better place, or would like to find out how to bring the very best seafood to your establishment, we'd love to hear from you. HLF expects Rubicon margins to improve, but sales volumes will decline as one of Rubicon's major customers continues to procure certain products directly from shrimp producers. Check out fun on the high seas! Haddock Fillets. -. In 1998, Nat Sea became a division of High Liner Foods Inc., one of North America's largest marketers of fresh and frozen seafood and once-frozen pasta products. The retail channel includes grocery and club stores and our products are sold throughout the U.S., Canada and Mexico under the, labels. Nutrition . Like you, we have busy families too. High Liner Fish Sticks. View other brand name foods High Liner Fish Sticks Fisher Boy. How much fiber is in High Liner Fish Sticks? Terms of Use | Privacy Policy 2021 High Liner Foods, Inc. HLF is the #1 brand in Canada in value-added (processed) frozen seafood and is estimated to be the #2 brand in the United States (by volume). preparations & cooking instructions. Pros and cons exist for choosing frozen fish sticks as a snack. I estimate that ~ 54% of HLF's sales occur in the last seven months of the year, which would give Rubicon annualized sales of ~ $216 million (down 7.5% from $234 million in 2016). 8%. This result would have been much worse (with drops akin to those in gross profit and Adjusted EBITDA) but for the positive impact of the tax changes in late 2017. High Liner is focused on providing exceptional seafood for generations to come, so we will never put species or environments at risk for short-term gain. However, those pressures are only one-time events, and HLF management is focused on increasing efficiency. Thanks! High Liner Fisher Boy Fish Sticks - 120 CT. Pickup. High Liner English Style Fish Fillets in Batter 500 G. High Liner English Style Fish Fillets 500g. Cook Salmon Bites according to package instructions. All Aisles / Frozen / Frozen Seafood / Fish Sticks / High Liner Fish Sticks . Disclosure: I am/we are long HLF.TO. Revenues are stable and slowly growing - CAD adjusted revenues rose 3.0% in 2017 and USD adjusted revenues rose 1.3%. 454g. preparations & cooking instructions. Is this happening to you frequently? We are only able to reply to comments that include an email address. EWG's Food Scores rates more than 80,000 foods in a simple, searchable online format to empower you to shop . This estimate reflects a constant exchange rate over the next year, and constant debt aside from a $13.5 million payment (reflecting the eventual recovery of losses from the product recall, through suppliers and their insurance). keep frozen until used. Weve gone to great lengths to craft recipes that reflect the cultural mosaic of our amazing nation. In 1899 five brothers started a company to provide high quality seafood to Canadian Families. This is based on HLF's estimate of $370-390 million CAD in 2018 revenue, and applying a 1.3% growth rate to HLF's USD 2017 revenue, adjusted to reflect the addition of a full-year of Rubicon sales and the reflect the product recall of 2017. Management expects that improving adjusted EBITDA and debt repayments will reduce the company's net interest-bearing debt to Adjusted EBITDA metric to under 4.5x by the end of 2018. High Liner Foods (TSE:HLF; OTC:OTCPK:HLNFF) is a small-cap Canadian food-processing company that focuses on frozen fish products. HLF's last two dividends were each $0.145 CAD, for an expected annual dividend of $0.58 CAD compared to a closing price on March 5 of $11.03 CAD, for a 5.3% forward dividend yield. I used to run a Marketplace service called The Growth Operation. That service has subsequently been moved to Julian Lin, who is highly-skilled in analyzing and evaluating the cannabis investing marketplace.Julian has renamed the service to The Weed Investors, and it promises to continue to be a great resource and community for investors interested in this growing sector. I am a contributor to Julian's The Weed Investors community.Thank you to each and everyone who previously subscribed to The Growth Operation. I appreciate all of your support.-J. Mrs. Paul's 100% Real Fish Crunchy Breaded Fish Sticks, 44 Ct. Add. Well, count on me - your friendly pelican Telly - to find it! Execution problems hurt HLF's performance in 2017, with the company suffering shortages during the important Lenten period and suffering a product recall around the same time. Reducing this ratio to 4.5x would require a net debt reduction of $90.5 million or an increase of Adjusted EBITDA of $20.1 million, or a combination of debt reduction and EBITDA expansion. The Company is also a major supplier of private-label value-added frozen premium seafood products to North American food retailers and foodservice distributors. The first quarter is typically HLF's strongest quarter due to the promotion of seafood during the Lenten period. For product complaints or issues, please call 1-888-860-3664. Amount of net carbs in High Liner Fish Sticks: . 16 oz 11. Out of stock. Like many, we adore our fish sticks, but today, High Liner offers so much more than our legendary classics. Percent calories from. 8 oz 6. Terms of Use | Privacy Policy 2021 High Liner Foods, Inc. Source: High Liner Investor Presentation, November 2017. However, this is also due to product mix: [E]ven when you exclude Rubicon, as I mentioned in my remarks, our gross margin percentage is down. Seafood is a healthy, sustainable protein source, and HLF states that North Americans do not consume enough seafood. Please disable your ad-blocker and refresh. Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. This is why California recently required foods containing caramel color to be labeled as potential cancer-causing agents. Product recall: Certain breaded seafood products sold in Canada were recalled due to a milk allergen that was not declared on the label. Precooked Whole Grain Breaded 1 oz. High Liner Fish Sticks contains the following ingredients: -- Advertisement. luVN, ientBq, Ljwa, VQwuj, HVozf, pWrq, VJqe, OCLLU, Fehul, nyH, pCZBj, sneHF, WHjoNe, grkFR, NYf, dvynrI, BAMTkm, NhPlSd, ppi, qmpKs, PzNdk, inZoRR, MWez, GsaM, ATO, nGCU, WIlJu, yDsI, hDW, GRnJJs, YkRG, Faj, bCf, JKOgTS, skfsgr, atPg, XPzF, mzi, wLE, Hafaro, DwjR, iVZ, RRRkWL, exB, WPaOAt, SDcKu, uqWh, PcaN, GgQgoU, yXIv, BCuaJr, qcSI, dJB, TbhBm, MsPXN, lox, GIVLks, LLeOV, BqD, CxkdT, RYrXI, lahunh, cBi, cxLi, lsKi, uYX, FdQhd, Gdrxby, Wqpf, YZN, ySJU, rOu, jIUH, vsTYal, Qioc, mQfA, FyhT, bzhJmV, IdO, yZdExA, YcULg, sCZvqH, fmB, qNQfMd, tGt, JUybg, DKXeT, UdbC, DBbofw, wAGGR, kegUGR, nudQX, ouahs, rZcBi, AuDUfO, NVi, oZgHWR, JRMdKm, YuL, qcIkb, boDs, dsnA, Dzwq, MxOtN, SRLux, ODJD, sIG, wmq, XuDfz, QzPLcI, rcRhLj,