Latest news with #Lenten
Newsweek
6 days ago
- Business
- Newsweek
Dollar General Boycott: What to Know About Key Difference From Others
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Black communities are now targeting Dollar General stores as part of its most recent boycott attempt—but with a twist. Newsweek reached out to Dollar General for comment. Why It Matters Reverend Jamal Bryant, pastor of New Birth Missionary Baptist Church in Atlanta, initially led a Target boycott during the Lenten season coined "Target Fast" in response to the company's elimination of diversity, equity and inclusion (DEI) principles and lack of investment in Black-owned banks, businesses and education. That boycott remains ongoing while other companies, such as Dollar General, are entering their economic crosshairs. What To Know The newest movement is not in person but rather an electronic boycott of Dollar General that will include overwhelming the company's email account and phone lines, in addition to a social media campaign. It's what supporters describe as "a mass technological campaign," according to USA TODAY. "Target is canceled since they have betrayed and walked away from our community, and we've gone on from there,'' Bryant told USA TODAY. "We're done with Target, and then our next focus will be around Dollar General." Newsweek reached out to Bryant for comment. A sign hangs above a Dollar General store on August 31, 2023, in Chicago, Illinois. A sign hangs above a Dollar General store on August 31, 2023, in Chicago, Target, Bryant said that Dollar General has "walked away from DEI and have said absolutely nothing." "Like other corporations, Dollar General has bowed to pressure from the Trump administration and rolled back their diversity, equity and inclusion initiatives," he said. "Dollar General also needs to be held accountable for failing to invest in the very Black and low-income communities that make up the backbone of their customer base. "This isn't just a corporate retreat. It's a betrayal of the people they profit from." The reason for an electronic boycott in this instance is due to "food deserts" where fruits and vegetables are scarce, while some communities may have individuals—notably those in rural areas—with financial shortcomings, he added. Dollar General was founded in 1939. As of April 2025, they had more than 195,000 employees at more than 20,500 stores across 48 states, in addition to 34 distribution centers. In fiscal year 2024, the company made approximately $40.6 billion in sales and was ranked No. 111 on the Fortune 500 list. Their website states that the company has donated over $250 million, in addition to providing over 50 million meals to Feeding America and partner food banks. What People Are Saying Steve Deckard, Dollar General's executive vice president of store operations and development, when the company opened its 20,000th store in February: "We believe each store provides a positive impact in our hometowns through convenient access to affordable essentials, career growth opportunities for employees, and the ability for local nonprofits, schools and libraries to advance through Dollar General Literacy Foundation grants." What Happens Next Bryant said the Dollar General electronic boycott has officially begun. He and others hope it has a similar effect to the public perception of Tesla protests, in that a brand can be tarnished by those who don't necessarily invest in certain products or companies. As he said, "We've found there's more than one way to skin a cat."
Yahoo
20-05-2025
- General
- Yahoo
Mary, Mother of God Parish collects, donates 1,000-plus books for city kids
The Mary, Mother of God Parish is giving out 1,000-plus books to children in Scranton after parishioners donated the reading material during Lent. The North Scranton parish at 316 William St. held a 'Books are a Blessing' book drive through its Community/Service Coordinating Team as an almsgiving opportunity for the Lenten season, asking churchgoers to donate new or gently used books for children from preschool age through eighth grade. Although they did not count the books, they received 'well over 1,000,' said Jennifer Pitts, team leader of the Community/Service Coordinating Team. Pitts had the idea for the inaugural book drive after seeing her daughter's church in Philadelphia hold a book drive for Christmas. Her parish already gave almost half of its books to the Village Park Apartments in Scranton, where they will be given out during food distributions and after-school programs, Pitts said. On Monday afternoon, they held a book distribution at the Bangor Heights Apartments, Pitts said. With a few hundred books still in hand, Pitts expects to give out the remaining books through other channels, including the parish's annual summer swim drive and to Head Start. She is also talking to Scranton School District teachers at Neil Armstrong Elementary School, which is attended by children from Bangor Heights, regarding giving out books at school, she said. — FRANK WILKES LESNEFSKY * Jennifer Pitts loads books into a car at Holy Rosary Church in Scranton on Monday, May 19, 2025. Members of the Mary, Mother of God Parish collected books during the Lenten season to donate to those in need. (REBECCA PARTICKA/STAFF PHOTOGRAPHER) * Books collected during the Lenten season wait to be loaded in cars at Holy Rosary Church in Scranton on Monday, May 19, 2025. Members of the Mary, Mother of God Parish collected books during the Lenten season to donate those in need. (REBECCA PARTICKA/STAFF PHOTOGRAPHER) * Elieen Mallas hands a box of books to Jennifer Pitts at Holy Rosary Church in Scranton on Monday, May 19, 2025. (REBECCA PARTICKA/STAFF PHOTOGRAPHER) Show Caption 1 of 3 Jennifer Pitts loads books into a car at Holy Rosary Church in Scranton on Monday, May 19, 2025. Members of the Mary, Mother of God Parish collected books during the Lenten season to donate to those in need. (REBECCA PARTICKA/STAFF PHOTOGRAPHER) Expand
Cision Canada
13-05-2025
- Business
- Cision Canada
HIGH LINER REPORTS OPERATING RESULTS FOR THE FIRST QUARTER OF 2025
Improved Retail Performance Through Later Lent Period Supports Strong Finish to Q1 LUNENBURG, NS, May 13, 2025 /CNW/ - High Liner Foods Incorporated (TSX: HLF) ("High Liner Foods" or "the Company"), a leading North American value-added frozen seafood company, today announced financial results for the thirteen weeks ended March 29, 2025. "During the first quarter, we continued to lean into the underlying strength, stability and diversity of our business to offset market pressures and deliver value to our customers and consumers," said Paul Jewer, President and Chief Executive Officer of High Liner Foods. "While the later timing of the Lenten period impacted our overall performance in the quarter, we are encouraged by both a strong finish to the first quarter in March and start to the second quarter in April." "We are pleased by improvements in our retail business during the first quarter due to value-driven promotions and growth in the Club category, which we expect to continue in the second quarter. In foodservice, we remain committed to supporting operators with innovative, value-driven solutions to help deliver the compelling value consumers are looking for in an uncertain macro environment. We continue to focus on leveraging our strong supplier relationships and a diversified global supply chain to mitigate headwinds and drive targeted, profitable growth." Key financial results, reported in U.S. dollars ("USD"), for the thirteen weeks ended March 29, 2025, or the first quarter of 2025, are as follows (unless otherwise noted, all comparisons are relative to the first quarter of 2024): Adjusted EBITDA (1) decreased by $2.1 million, or 6.1%, to $32.1 million compared to $34.2 million, and Adjusted EBITDA as a percentage of sales decreased to 12.0% compared to 12.4%; Sales volume decreased by 1.0 million pounds, or 1.5%, to 66.0 million pounds compared to 67.0 million pounds, while sales decreased by $8.6 million, or 3.1%, to $268.4 million compared to $277.0 million; Net income decreased by $1.3 million, or 7.8%, to $15.3 million compared to $16.6 million, and diluted earnings per share ("EPS") increased to $0.51 per share compared to $0.49 per share; Adjusted Net income (1) decreased by $2.0 million, or 10.8%, to $16.6 million compared to $18.6 million and Adjusted Diluted EPS (1) remained unchanged at $0.55 per share; Gross profit decreased by $2.0 million, or 3.1%, to $63.5 million compared to $65.5 million, and gross profit as a percentage of sales increased to 23.7% compared to 23.6%; and Net Debt (1) to Rolling fifty-two weeks Adjusted EBITDA (1) was 2.7x at March 29, 2025 compared to 2.3x at the end of Fiscal 2024 and 2.6x at end of Fiscal 2023. (1) This is a non-IFRS financial measure. For more information on non-IFRS financial measures, see "Non-IFRS Measures" below and see "Non-IFRS Financial Measures" in our First Quarter 2025 Management's Discussion and Analysis ("1Q2025 MD&A"). Financial Results and Operational Update For the purpose of presenting the Consolidated Financial Statements in USD, CAD-denominated assets and liabilities in the Company's operations are converted using the exchange rate at the reporting date, and revenue and expenses are converted at the average exchange rate of the month in which the transaction occurs. As such, foreign currency fluctuations affect the reported values of individual lines on our balance sheet and income statement. When the USD strengthens (weakening CAD), the reported USD values of the Parent's CAD-denominated items decrease in the Consolidated Financial Statements, and the opposite occurs when the USD weakens (strengthening CAD). Investors are reminded for purposes of calculating financial ratios, including dividend payout and share price-to-earnings ratios, to take into consideration that the Company's share price and dividend rate are reported in CAD and its earnings, EPS and financial statements are reported in USD. The financial results in USD for the thirteen weeks ended March 29, 2025 and March 30, 2024 are summarized in the following table: Sales volume for the thirteen weeks ended March 29, 2025, or the first quarter of 2025, decreased by 1.0 million pounds, or 1.5%, to 66.0 million pounds compared to 67.0 million pounds in the thirteen weeks ended March 30, 2024, due mainly to the impact of a later Lenten timing, as well as traffic slowdown in foodservice with consumers continuing to pull back on dining outside the home. This was partially offset however, by growth in our contract manufacturing business and an increase in volume in our retail business, where the Company's targeted approach to value-driven promotions and innovations is supporting expanded distribution, especially in the growing club channel. The Company also saw continued high customer demand for alternative species. Sales in the first quarter of 2025 decreased by $8.6 million, or 3.1%, to $268.4 million compared to $277.0 million in the same period in 2024, driven by the previously mentioned volume decline in foodservice, the largest part of our business, as well as product mix, partially offset by pricing, expanded distribution and increased volumes in retail, as well as contract manufacturing growth. The weaker Canadian dollar in the first quarter of 2025 compared to the same period in 2024 decreased the value of reported USD sales from our CAD-denominated operations by approximately $3.5 million relative to the conversion impact last year. Gross profit in the first quarter of 2025 decreased by $2.0 million to $63.5 million compared to $65.5 million in the same period in 2024. Gross profit as a percentage of sales increased by 10 basis points to 23.7% compared to 23.6%. The decrease in gross profit reflects the decrease in sales and increased promotional activity partially mitigated by favourable pricing, reflected in the improved gross profit as a percentage of sales. High Liner Foods continues to drive improvements across operations to ensure prudent cost management. In addition, the weaker Canadian dollar decreased the value of reported USD gross profit from our CAD-denominated operations by $0.9 million relative to the conversion impact last year. Adjusted EBITDA in the first quarter of 2025 decreased by $2.1 million to $32.1 million compared to $34.2 million in the same period in 2024 and Adjusted EBITDA as a percentage of sales decreased to 12.0% compared to 12.4%. The decrease in Adjusted EBITDA reflects the decrease in gross profit, increased net SG&A expenses and increased distribution expenses. Reported net income in the first quarter of 2025 decreased by $1.3 million to net income of $15.3 million (diluted EPS of $0.51) compared to $16.6 million (diluted EPS of $0.49) in the same period in 2024. The decrease in net income reflects the decrease in Adjusted EBITDA outlined above and higher income taxes, offset with a decrease in finance costs and business acquisition, integration, and other expense. Reported net income in the first quarter of 2025 and 2024 included certain non-routine expenses classified as "business acquisition, integration and other expense." Excluding the impact of these non-routine items or other non-cash expenses, and share-based compensation, Adjusted Net Income in the first quarter of 2025 decreased by $2.0 million, or 10.8% to $16.6 million compared to $18.6 million in the same period in the prior year and Adjusted Diluted EPS remained unchanged at $0.55 per share. Net cash flows provided by (used in) operating activities in the first quarter of 2025 decreased by $28.1 million to an outflow of $10.6 million compared to an inflow of $17.5 million in the same period in 2024. The decrease is driven by unfavourable changes in non-cash working capital balances, specifically a higher increase in accounts receivable balances compared to the prior year, and lower reductions in inventory, partially offset with increased accounts payable balances in the first quarter of 2025 compared to the same period last year, primarily due to the later timing of the Lenten period in 2025. Capital expenditures were $3.1 million in the first quarter of 2025 compared to $2.4 million in the prior year reflecting the continued significant investment in the business. Net Debt increased by $41.5 million to $274.7 million at March 29, 2025 compared to $233.2 million at December 28, 2024, reflecting higher bank loans and a lower cash balance, partially offset by lower long-term debt and lease liabilities as at March 29, 2025. Net Debt to Rolling fifty-two weeks Adjusted EBITDA was 2.7x at March 29, 2025 compared to 2.3x at the end of Fiscal 2024 and 2.6x at December 30, 2023. The ratio has continued to remain below the Company's long-term target of 3.0x, however, during the fifty-two weeks ended March 29, 2025, the ratio increased due to higher net debt and lower Rolling fifty-two weeks Adjusted EBITDA compared to Fiscal 2024. In the absence of any major acquisitions or unplanned capital expenditures in 2025, we expect this ratio to continue to be lower than the Company's long-term target of 3.0x at the end of Fiscal 2025. Outlook High Liner Foods remains focused on executing against its branded and value-added strategy and ongoing supply chain diversification as a means to enhance operational flexibility, reinforce its competitive positioning in a dynamic global seafood market and navigate the evolving global trade environment. Mr. Jewer said, "I am proud of our team and the progress we are making across our business. Our steady execution continues to deliver compelling value to our customers which, combined with our diversified global supply chain, positions us well to build on the strong results we have seen in March and April. We are on track for a solid first half of the year and I remain confident in our ability to deliver Adjusted EBITDA growth for 2025." The Company continues to closely monitor the evolving global trade environment and leverage its diversified global supply chain and plants in both the U.S and Canada to mitigate potential impact on tariffs. Dividend Today, the Company's Board of Directors approved a quarterly dividend of CAD $0.17 per share on the Company's common shares, payable on June 15, 2025 to holders of record on June 1, 2025. These dividends are considered "eligible dividends" for Canadian income tax purposes. Conference Call The Company will host a conference call on Wednesday, May 14, 2025, at 10:00 a.m. ET (11:00 a.m. AT) during which Paul Jewer, Chief Executive Officer, Darryl Bergman, Chief Financial Officer and Anthony Rasetta, Chief Commercial Officer, will discuss the financial results for the first quarter of 2025. To access the conference call by telephone, dial 1-416-945-7677 or 1-888-699-1199. Please connect approximately 10 minutes prior to the beginning of the call to ensure participation. The conference call will be archived for replay by telephone until Saturday, June 14, 2025 at midnight (ET). To access the archived conference call, dial 1-888-660-6345 and enter the replay entry code 34714#. A live audio webcast of the conference call will be available at Please connect at least 15 minutes prior to the conference call to ensure adequate time for any software download that may be required to join the webcast. The Company's Unaudited Condensed Interim Consolidated Financial Statements and MD&A as at and for the thirteen weeks ended March 29, 2025 were filed concurrently on SEDAR+ with this news release and are also available at Non-IFRS Measures The Company reports its financial results in accordance with International Financial Reporting Standards ("IFRS"). Included in this media release are the following non-IFRS financial measures: Adjusted EBITDA, Adjusted EBITDA as a Percentage of Net Sales, Adjusted Net Income, Adjusted Diluted EPS, Net Debt and Net Debt to Rolling fifty-two weeks Adjusted EBITDA. The Company believes these non-IFRS financial measures provide useful information to both management and investors in measuring the financial performance and financial condition of the Company for the reasons outlined below. These measures do not have any standardized meaning as prescribed by IFRS and therefore may not be comparable to similarly titled measures presented by other publicly traded companies, nor should they be construed as an alternative to other financial measures determined in accordance with IFRS. Adjusted EBITDA and Adjusted EBITDA as a Percentage of Sales Adjusted EBITDA is defined as earnings before interest, taxes, depreciation and amortization adjusted for items that are not considered representative of ongoing operational activities of the business. The related margin, Adjusted EBITDA as a Percentage of Sales, is defined as Adjusted EBITDA divided by net sales, where net sales is defined as "Sales" on the consolidated statements of income. We use Adjusted EBITDA (and Adjusted EBITDA as a percentage of sales) as a performance measure as it approximates cash generated from operations before capital expenditures and changes in working capital, and it excludes the impact of expenses and recoveries associated with certain non-routine items that are not considered representative of the ongoing operational activities, as discussed above, and share-based compensation expense related to the Company's share price. We believe investors and analysts also use Adjusted EBITDA (and Adjusted EBITDA as a percentage of sales) to evaluate the performance of our business. The most directly comparable IFRS measure to Adjusted EBITDA is "Net income" on the consolidated statements of income. Adjusted EBITDA is also useful when comparing to other companies, as it eliminates the differences in earnings that are due to how a company is financed. Also, for the purpose of certain covenants on our credit facilities, "EBITDA" is based on Adjusted EBITDA, with further adjustments as defined in the Company's credit agreements. The following table reconciles Adjusted EBITDA with measures in our Consolidated Financial Statements and calculates Adjusted EBITDA as a Percentage of Sales. Rolling fifty-two weeks Adjusted EBITDA Rolling fifty-two weeks ended (Amounts in $000s) March 29, 2025 December 28, 2024 March 30, 2024 Net income $ 58,861 $ 60,164 $ 34,387 Add back (deduct): Depreciation and amortization expense 23,428 23,005 25,929 Finance costs (1) 7,304 8,516 25,048 Income tax expense 12,680 11,867 5,419 Standardized EBITDA 102,273 103,552 90,783 Add back (deduct): Business acquisition, integration and other (income) expenses (2) (9,097) (8,528) 5,995 Loss on disposal of assets 762 756 (46) Share-based compensation expense 7,308 7,559 1,401 Rolling fifty-two weeks Adjusted EBITDA $ 101,246 $ 103,339 $ 98,133 (1) Finance Costs for the Rolling fifty-two weeks ended March 29, 2025 and December 28, 2024 include a gain of $12.7 million on the modification of debt related to the debt refinancing completed in July 2024. (2) The business acquisition, integration and other (income) expenses for the Rolling fifty-two weeks ended March 29, 2025 and December 28, 2024 include a gain of $9.8 million relating to the shares reacquired in result of the litigation settlement reached between High Liner Foods and the former shareholders of Rubicon. During Rolling fifty-two weeks ended March 30, 2024 this amount also includes legal and consulting fees relating to the lawsuit High Liner Foods filed against Mr. Brian Wynn. Adjusted Net Income and Adjusted Diluted EPS Adjusted Net Income is net income adjusted for the after-tax impact of items which are not representative of ongoing operational activities of the business and certain non-cash expenses or income. Adjusted Diluted EPS is Adjusted Net Income divided by the average diluted number of shares outstanding. We use Adjusted Net Income and Adjusted Diluted EPS to assess the performance of our business without the effects of the above-mentioned items, and we believe our investors and analysts also use these measures. We exclude these items because they affect the comparability of our financial results and could potentially distort the analysis of trends in business performance. The most comparable IFRS financial measures are net income and EPS. The table below reconciles our Adjusted Net Income with measures that are found in our Condensed Consolidated Financial Statements and calculates Adjusted Diluted EPS. Net Debt and Net Debt to Rolling fifty-two weeks Adjusted EBITDA Net Debt is calculated as the sum of bank loans, long-term debt (excluding deferred finance costs and modification gains/losses) and lease liabilities, less cash. We consider Net Debt to be an important indicator of our Company's financial leverage because it represents the amount of debt that is not covered by available cash. We believe investors and analysts use Net Debt to determine the Company's financial leverage. Net Debt has no comparable IFRS financial measure, but rather is calculated using several asset and liability items in the condensed consolidated statements of financial position. Net Debt to Rolling fifty-two weeks Adjusted EBITDA is calculated as Net Debt divided by Rolling fifty-two weeks Adjusted EBITDA (see above). We consider Net Debt to Rolling fifty-two weeks Adjusted EBITDA to be an important indicator of our ability to generate sufficient earnings to service our debt, that enhances understanding of our financial performance, and highlights operational trends. This measure is widely used by investors and rating agencies in the valuation, comparison, rating and investment recommendations of companies; however, the calculations of Adjusted EBITDA may not be comparable to those of other companies, which limits their usefulness as comparative measures. The following table reconciles Net Debt to IFRS measures reported as at the end of the indicated periods in the condensed consolidated statements of financial position and calculates Net Debt to Rolling fifty-two weeks Adjusted EBITDA. (1) Represents deferred finance costs that are included in "Bank loans" in the condensed consolidated statements of financial position. See Note 3 to the Condensed Consolidated Financial Statements. (2) Represents deferred finance costs that are included in "Long-term debt" in the condensed consolidated statements of financial position. See Note 4 to the Condensed Consolidated Financial Statements. (3) The net gain on modification of debt has been excluded from the calculation of Net Debt as it does not represent the expected cash outflows from the term loan facility. See Note 4 to the Condensed Consolidated Financial Statements. Forward Looking Statements Certain statements contained in this press release constitute "forward-looking information" under applicable securities laws. Forward-looking statements are often, but not always, identified by the use of words such as "may", "would", "could", "will", "should", "expect", "expects", "plan", "intend", "anticipate", "believe", "estimate", "predict", "potential", "pursue", "continue", "seek", or the negative of these terms or other similar expressions concerning matters that are not historical facts. Specific forward-looking statements in this press release include, but are not limited to, statements regarding, investments by the Company in Norcod and Andfjord and the timing for such investments, Company dividends and the timing for payment thereof, the future financial and operating performance of the Company, including free cash flow and growth in Adjusted EBITDA and volume in 2025, expected leverage levels and expected Net Debt to Adjusted EBITDA, mergers and acquisitions and other investment and growth strategies; the markets and industries in which the Company operates, imposed and threatened tariffs, including in the U.S. and Canada, and the impact, timing and resolution thereof, inflation and the geopolitical and macroeconomic environment, product innovation and distribution, consumer preferences and purchasing decisions, growth in alternative species and other diversification of products and the Company's supply chain, and the business strategies and operational activities of the Company. Forward-looking statements are based on information currently available and estimates, expectations and assumptions that are believed to be reasonable as of the date of this press release, but may prove to be incorrect. In addition to any other factors and assumptions set forth in this press release, the material factors and assumptions used to develop the forward-looking information include, but are not limited to: availability, demand and prices of raw materials, energy and supplies; the ability of the Company to mitigate the impacts of tariffs; expectations with regards to sales volume, earnings, product margins, product innovations, brand development and anticipated financial performance; the ability to develop new and innovative products that result in increased sales and market share; the maintenance of existing customer and supplier relationships; manufacturing facility efficiency; the ability of the Company to reduce operating and supply chain costs; the condition of the Canadian and American economies; product pricing; foreign exchange rates, especially the rate of exchange of the CAD to the USD; the ability to attract and retain customers; operating costs and improvement to operating efficiencies; interest rates; continued access to capital; the competitive environment and related market conditions;and the general assumption that none of the risks identified below or elsewhere in this document will materialize. Forward-looking information is inherently subject to risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. A number of known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, could cause actual events, performance, or results to differ materially from what is projected in the forward-looking statements in this press release. Factors that could cause actual results or events to differ materially from current expectations include, but are not limited to: compliance with food safety laws and regulations; timely identification of and response to events that could lead to a product recall; volatility in the CAD/USD exchange rate; competitive developments including increases in overseas seafood production and industry consolidation; ability to import seafood into North America while adhering to updated government sanctions; ability to adapt to regulatory changes and increase flexibility on seafood substitutions in certain products with customers; availability and price of seafood raw materials and finished goods and the impact of geopolitical events (and related economic sanctions) on the same; tariffs, trade wars and other trade barriers (including in the U.S. and Canada) and the associated impacts, including on certain seafood products and other supplies; costs of commodity products, freight, storage and other production inputs, and the ability to pass cost increases on to customers; successful integration of acquired operations and other acquisition-related risk; potential increases in maintenance and operating costs; shifts in market demands for seafood; performance of new products launched and existing products in the market place; changes in laws and regulations, including environmental, taxation and regulatory requirements; technology changes with respect to production and other equipment and software programs; enterprise resource planning system risk; adverse impacts of cybersecurity attacks or breach of sensitive information; supplier fulfillment of contractual agreements and obligations; competitor reactions; completion and/or advancement of sustainability initiatives, including, without limitation, initiatives relating to the carbon workplan, waste reduction and/or seafood sustainability and traceability initiatives; High Liner Foods' ability to generate adequate cash flow or to finance its future business requirements through outside sources; credit risk associated with receivables from customers; volatility associated with the funding status of the Company's post-retirement pension benefits; adverse weather conditions and natural disasters; the availability of adequate levels of insurance; management retention and development; economic and geopolitical conditions such as Russia's invasion of Ukraine and the implementation and/or expansion of related sanctions; and the potential impact of a pandemic outbreak of a contagious illness, on general economic and business conditions and therefore the Company's operations and financial performance; and other factors discussed in materials filed with applicable securities regulatory authorities from time to time including matters discussed under the Risk Factors sections of our most recent annual MD&A and Annual Information Form, all filed with the securities regulatory authorities in Canada and available under the Company's profile on SEDAR+ ( There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Undue reliance should not be placed on these forward-looking statements, which are made only as of the date hereof, and the Company does not undertake to update or revise any forward-looking statements, whether as a result of any new information, future events or otherwise, except as may be required by applicable law. About High Liner Foods Incorporated High Liner Foods Incorporated is a leading North American processor and marketer of value-added frozen seafood. High Liner Foods' retail branded products are sold throughout the United States and Canada under the High Liner, Fisher Boy, Mirabel, Sea Cuisine, and Catch of the Day labels, and are available in most grocery and club stores. The Company also sells branded products to restaurants and institutions under the High Liner, Mirabel, Icelandic Seafood and FPI labels and is a major supplier of private label value-added seafood products to North American food retailers and foodservice distributors. High Liner Foods is a publicly traded Canadian company, trading under the symbol HLF on the Toronto Stock Exchange. For further information about the Company, please visit our website at or send an e-mail to [email protected]. SOURCE High Liner Foods Incorporated
Herald Malaysia
09-05-2025
- General
- Herald Malaysia
Grow to Glow
After completing their major school exams, many young people look forward to relaxing, having fun, or picking up a part-time job to earn some pocket money. May 09, 2025 By Jennifer DuarteAfter completing their major school exams, many young people look forward to relaxing, having fun, or picking up a part-time job to earn some pocket money. However, six Form 5 schoolleavers in Ipoh decided to take on a different kind of challenge - by joining the Grow to Glow programme, a two-month initiative conceived by Fr Aloysius Tan, parish priest of the Church of St Michael. In the programme, the six participants, five boys and one girl, spent their weekdays at the parish from 9.00am to 4.00pm. They engaged in a variety of activities, including a personal development programme, a visit to an Orang Asli settlement, and even worked together to prepare lunch for the group on one occasion. A major component of the programme was a five-day personal development programme facilitated by Martin Jalleh. It focused on both personal and interpersonal growth, as well as addressing common youth issues. Participant Fabian Yoon shared that the sessions inspired him to deepen his faith. He was especially moved by the film Facing the Giants, which reminded him of the importance of trusting in God. One of the more memorable experiences was a visit to an Orang Asli settlement in Lenggong. Before the trip, participants helped pack essential supplies such as food and clothing. Due to limited space in the four-wheel drive, only four of them could make the journey. Bernard recalled the drive up steep slopes as both dangerous and exhilarating. Once there, the group helped distribute items like biscuits, slippers, and clothes. Aloysius Robinson described the visit as refreshing and eye-opening, appreciating the peace and beauty of the natural surroundings. Swimming in crystal-clear waters made him feel truly connected with nature. Henrick, another participant, was saddened by the hardships the Orang Asli face — lack of electricity, insufficient food, and widespread health issues. He was grateful that a medical team accompanied them to address some of these needs. Since the programme coincided with Lent, the participants were also actively involved in the parish's Lenten activities. They collected donations from parishioners, shopped for food rations for the underprivileged, and took part in liturgical preparations such as burning old palm leaves for Ash Wednesday and selling hot cross buns on Holy Thursday. Choo Yue Wen, the sole female participant, particularly enjoyed the charitable shopping spree for the less fortunate. They also attended a leadership course alongside other parish youths and students from Sam Tet Secondary School. This was conducted by Helena Michael, a certified trainer and lecturer from HELP University. Another standout experience was a weeklong visit to the Little Sisters of the Poor in Penang. 'Besides mopping floors and serving meals, we learned how to engage with the elderly — even playing mahjong with them,' shared Bryan Choong with a smile. Over the two months, participants also explored the history of the Bible, learned about the diocesan Sahabat Orang Asli ministry, and even picked up soap-making skills. Initially uncertain about what the programme entailed, the participants all agreed it far exceeded their expectations. Henrick summed it up best: 'My time was definitely spent more meaningfully than if I had taken a part-time job.' The Grow to Glow programme offered a unique blend of intellectual, spiritual, and community formation. As Martin Jalleh noted, it was 'an excellent experiential programme — informative, practical, relevant, and holistic.' All six participants said they would wholeheartedly recommend it to their juniors in the years to come.
Herald Malaysia
02-05-2025
- General
- Herald Malaysia
Exploring Lent through children's eyes
The liturgical and catechetical ministries of the Church of the Sacred Heart of Jesus recently collaborated to hold a unique and meaningful event specially designed for children aged 7 to 12. May 02, 2025 The children participating in the Way of the Cross specially curated for them. KUALA LUMPUR: The liturgical and catechetical ministries of the Church of the Sacred Heart of Jesus recently collaborated to hold a unique and meaningful event specially designed for children aged 7 to 12. Titled Exploring Lent – Children's Way of the Cross, the Lenten programme took place on April 12 and welcomed around 50 participants, including young children, their parents, catechists, and members of the liturgy team. This special initiative aimed to help children connect more deeply with the Passion of Christ in a way that speaks to their young hearts and minds. In line with the Jubilee Year of Hope, the event also emphasised the message that the Way of the Cross does not end in sorrow, but rather, in the joyful hope of the Resurrection. The day began with an interactive workshop where children and parents, guided by catechists, crafted their own crowns of thorns using brown paper and toothpicks. With beaming faces and enthusiastic hands, the children wore their handmade crowns, ready to begin their Lenten journey around the parish grounds. At each station, the children paused to reflect on the love Jesus has for us and how we, in return, can show our love for Him. Each station was made relatable through simple life applications: • Station 4 – Jesus Meets His Mother: Children were reminded of the importance of being obedient and loving to their own parents. • Station 7 – Jesus Falls a Second Time: A call to not complain especially when facing challenges at school or not to feel discouraged and wanting to give up at losing a sport or game. • Station 14 – Jesus is Laid in the Tomb: A beautiful reminder to have kind and generous hearts, like Joseph of Arimathea who gave Jesus his burial tomb. Adding a spiritual and serene dimension, the children were introduced to Taizé prayer, moving from one station to another, chanting the name of Jesus, led by a young guitarist from the parish choir team. This moment of prayerful reflection added a deep sense of reverence to the experience. To bring the Passion of Christ closer to home, a small exhibit displayed simple props and informative write-ups, allowing children to touch the statue of Jesus on the cross and to learn more about the crown of thorns, the whip, the nails, and the inspiring story of St Helena's search for the True Cross. The event concluded with the recitation of the Jubilee Prayer for Children, followed by a joyful potluck brunch lovingly prepared by parents and catechists — a fitting end to a morning filled with faith, family, and fellowship. This enriching journey reminded all present, especially the young ones, that while Lent leads us through Christ's suffering, it ultimately shines the light of hope, love, and resurrection into our hearts.
