Quick Value 9.18.23
Consumer staples spin-off with big margin improvement plans
We’re looking at yet another spin-off this week as the upcoming schedule is packed with them… Here were the last few covered:
This consumer staples spin is targeting substantial earnings growth through a turnaround plan but the business operates in a competitive low/no growth industry. There was a similar spin in 2012 that was very successful but this team is taking a different approach…
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