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Last C$1.14 CAD
Change Today 0.00 / 0.00%
Volume 0.0
GCL On Other Exchanges
As of 3:53 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

colabor group inc (GCL) Snapshot

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09/12/14 - C$4.17
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03/17/15 - C$0.84
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colabor group inc (GCL) Details

Colabor Group Inc., together with its subsidiaries, engages in the wholesale, distribution, and marketing of food, food-related, and non-food products in Canada. It operates through two segments, Distribution and Wholesale. The Distribution Segment distributes various products, including frozen products, dry staples, dairy products, meat, fresh fish and seafood products, and fruits and vegetables, as well as sanitation products. It serves foodservice operators, specialty food stores, supermarkets, restaurants, hotels, caterers, fish stores, residences, healthcare institutions, schools, universities, and other retail customers. This segment also operates five Skor Cash & Carry locations in southern Ontario that offers retail and food service products to convenience stores, small grocery stores, cafeterias, and restaurants. The Wholesale Segment provides a range of fresh and frozen meat and meat products, such as beef, veal, lamb, pork, and poultry products for foodservice distributors, food retailers, and specialty butchers. This segment sells its products directly from its distribution center, as well as through direct delivery from manufacturers and suppliers to the warehouses of wholesale distributors. The company was founded in 1962 and is headquartered in Boucherville, Canada.

1,622 Employees
Last Reported Date: 03/23/15
Founded in 1962

colabor group inc (GCL) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: C$475.0K
Chief Financial Officer and Vice President
Total Annual Compensation: C$260.0K
President of Summit Food Services - Ontario D...
Total Annual Compensation: C$292.3K
Vice President of Human Ressources & Communic...
Total Annual Compensation: C$195.0K
Vice-President of Corporate Purchasing
Total Annual Compensation: C$165.0K
Compensation as of Fiscal Year 2014.

colabor group inc (GCL) Key Developments

Colabor Group Inc. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 13, 2015

Colabor Group Inc. reported consolidated earnings results for the second quarter and six months ended June 13, 2015. For the quarter, sales were $366,635,000 compared to $247,200,000 a year ago. EBITDA was $8.5 million, or 2.3% of sales, compared to $9.5 million or 2.7% of sales in the second quarter of 2014. Cash flow from operations was $3.6 million in the second quarter of 2015, up from $1.6 million a year earlier. Net earnings were $1,002,000 million or $0.04 per basic share compared to $1,630,000 million or $0.06 per basic share a year ago. Results for the second quarter of 2015 include charges not related to current operations of $507,000 related to the internal restructuring of operations. Excluding these charges, operating earnings, i.e. earnings before financial expenses and income taxes, were $5.1 million, up slightly from $5.0 million a year earlier. For the six months, the company reported sales of $671,297,000 compared to $626,518,000 a year ago. EBITDA was $9.0 million, or 1.3% of sales, compared to $9.7 million, or 1.5% of sales, a year earlier. Operating earnings before charges of $3.1 million not related to current operations recorded in the first six months of 2015, including a non-cash charge for writedown of the investment in Investissements Colabor Inc. recorded in the first quarter, were $2.2 million, versus $0.9 million in 2014. For the six months ended June 13, 2015, the Corporation recorded a net loss of $5.3 million or $0.19 per basic share, compared to a net loss of $3.9 million or $0.15 per basic share a year earlier. For the first six months of 2015, cash flow from operations was $11.5 million, compared to $13.5 million for the first six months of 2014.

Colabor Group Inc. to Report Q2, 2015 Results on Jul 16, 2015

Colabor Group Inc. announced that they will report Q2, 2015 results at 10:30 AM, US Eastern Standard Time on Jul 16, 2015

Colabor Group Inc., Q2 2015 Earnings Call, Jul 16, 2015

Colabor Group Inc., Q2 2015 Earnings Call, Jul 16, 2015


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