Premium Brands Holdings Corporation

PBH

CA74061A1084

Food Processing

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
90.03 ^CAD	+0.77%		+2.56%	-4.25%

Mar. 15	Transcript : Premium Brands Holdings Corporation, Q4 2023 Earnings Call, Mar 15, 2024
Mar. 15	Toronto Stocks Inch Ahead; Premium Brands Down 4Q Misses	DJ

Premium Brands Holdings Corporation Reports Earnings Results for the Full Year Ended December 30, 2023

March 15, 2024 at 07:30 am EDT

Premium Brands Holdings Corporation reported earnings results for the full year ended December 30, 2023. For the full year, the company reported sales was CAD 6,261 million compared to CAD 6,029.8 million a year ago. Net income was CAD 94.2 million compared to CAD 160.1 million a year ago.

Basic earnings per share from continuing operations was CAD 2.12 compared to CAD 3.59 a year ago. Diluted earnings per share from continuing operations was CAD 2.11 compared to CAD 3.57 a year ago.

Latest news about Premium Brands Holdings Corporation

Transcript : Premium Brands Holdings Corporation, Q4 2023 Earnings Call, Mar 15, 2024	Mar. 15
Toronto Stocks Inch Ahead; Premium Brands Down 4Q Misses	Mar. 15	DJ
Premium Brands Reports Q4 Adjusted EPS of $0.85; Lifts Dividend; Issues 2024 Revenue and Adjusted EBITDA Guidance	Mar. 15	MT
Premium Brands Brief: Issued revenue and adjusted EBITDA guidance for 2024; Excluding potential Buys, expects to generate revenue of $6.650-$6.85 billion, and adjusted EBITDA of $6300-$650 million in 2024	Mar. 15	MT
Premium Brands Brief: Declared a dividend of $0.85 per share for Q1 2024, representing a 10.4% increase from the previous quarter's dividend rate	Mar. 15	MT
Premium Brands Brief: Q4 adjusted EPS of $0.85 per share representing a 28.6%, or $0.34 per share decrease as compared to Q4 of 2022, with the decrease being driven by higher interest costs	Mar. 15	MT
Premium Brands Brief: Fourth quarter revenue of $1.55 billion representing a 4.9%, or $80.1 million, decrease as compared to the fourth quarter of 2022	Mar. 15	MT
Premium Brands Holdings Corporation Reports Earnings Results for the Full Year Ended December 30, 2023	Mar. 15	CI
Premium Brands Holdings Corporation Reports Earnings Results for the Fourth Quarter Ended December 30, 2023	Mar. 15	CI
Premium Brands Holdings Corporation Approves Cash Dividend for the First Quarter of 2024, Payable on April 15, 2024	Mar. 15	CI
North American Morning Briefing : Inflation -2-	Mar. 15	DJ
Transcript : Premium Brands Holdings Corporation, Q4 2023 Pre Recorded Earnings Call, Mar 15, 2024	Mar. 14
Premium Brands Price Target Lowered to $130 at TD	Feb. 12	MT
Premium Brands, Mi'kmaq First Nations Coalition Complete Restructuring on Subordinated Debt in Clearwater Seafoods; Up 1.5%	Dec. 22	MT
Premium Brands, Mi'kmaq First Nations Coalition Complete Restructuring on Subordinated Debt in Clearwater Seafoods	Dec. 22	MT
Premium Brands Holdings Corporation Appoints Thomas P. Dea as Independent Non-Executive Director	Dec. 01	CI
Premium Brands Holdings Maintained at Outperform at BMO After Q3 Results; Price Target Kept at C$117.00	Nov. 15	MT
National Bank Considers Premium Brands' Q3 Results to be 'Soft'; Price Target Lowered	Nov. 15	MT
Premium Brands Holdings Upgraded to Buy at Stifel GMP Following Q3 Results; Price Target Lowered to C$108.00	Nov. 15	MT
Transcript : Premium Brands Holdings Corporation, Q3 2023 Earnings Call, Nov 14, 2023	Nov. 14
Tranche Update on Premium Brands Holdings Corporation's Equity Buyback Plan announced on July 27, 2023.	Nov. 14	CI
Premium Brands Holdings Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 14	CI
Premium Brands' Q3 Adjusted EPS Falls YOY, Posts Record Revenue	Nov. 14	MT
Premium Brands Brief: Record third quarter revenue of $1.64 billion representing a 1.3%, or $21.0 million, increase as compared to the third quarter of 2022	Nov. 14	MT
Premium Brands Holdings Corporation Revises Revenue Guidance for the Year of 2023	Nov. 14	CI

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Company Profile

Premium Brands Holdings Corporation is a Canada-based company, which owns a range of specialty food manufacturing and differentiated food distribution businesses with operations across Canada and the United States. The Company operates through two segments: Specialty Foods and Premium Food Distribution. The Specialty Foods segment consists of its specialty food manufacturing businesses. The Premium Food Distribution segment consists of its differentiated distribution and wholesale businesses as well as certain seafood processing businesses. It provides servicing to approximately 22,000 customers. The logo and its family of brands and businesses includes Harvest Meats, Hempler's, Piller's, Grimm's Fine Foods, Freybe, Isernio's, Expresco and SJ Fine Foods. The Company operates in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nova Scotia and in Arizona, Minnesota, Mississippi, Nevada, Ohio and Washington.

Sector

Food Processing

Calendar

2024-05-10 - Annual General Meeting

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Ratings for Premium Brands Holdings Corporation

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

90.03 CAD

Average target price

111.3 CAD

Spread / Average Target

+23.63%

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Quarterly earnings - Rate of surprise

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