LNDC - Landec Is Improving Margins As Lifecore Is Growing Sales Fast
- Landec has been having profitability issues during 2019 and 2020.
- In 2021, cash from operations returned to normal as gross profit margins improved in both segments: foods and biomaterials.
- Still, the company is currently offering a 0.608 PS ratio, which should give investors high returns if margins keep improving.
- An increase in Lifecore's sales should boost margins as it is much more profitable than Curation Foods.
- The company is a buy at this point, but the risks involved suggest averaging down is a wise idea.
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Landec Is Improving Margins As Lifecore Is Growing Sales Fast