IVFH
🔄 Company is undergoing a turnaround with a new COO.
⬆️ Focus on stabilizing prices and margins, and selling non-essential assets.
🤝 Recently secured a contract with a major retailer to supply gourmet foods.
🎯 Aims to reach $100 million in sales by the end of the year.
@bernardodegarcia:
“WH Hgle highlights Innovative Food Holdings, a gourmet food distributor that had been lacking clear direction for years. A new COO is supporting activist investors and has managed to stabilize prices and margins, as well as sell non-essential assets, turning the company around. Innovative Food is embarking on modest acquisitions and has secured a contract with a major retailer to supply gourmet foods. The plan is to reach $100 million in sales by the end of this year, potentially leading the stock to trade between 11 and 13 times earnings. Insiders are well-positioned with a 35% stake. Robert William, who previously worked for Walmart, left his position to become CEO.”
Watch the exact part of the video where Bernardo talks about Innovative Food Holdings here:
View the video on YouTube.
Read more articles by the world’s top 100 analysts on Innovative Food Holdings (IVFH) at the following link. IVFH stock.
