FREE - Unwise Decision Of Whole Earth Brands To Pay The Earn-Out With Equity
- Whole Earth Brands had organic growth in both segments, especially in the Flavor & Ingredients segment.
- Margin improvement are expected in Q2, as the pricing announced in Q1 will be fully implemented.
- Management decided to pay a portion of the earn-out to Wholesome Sweeteners' previous shareholders with equity, the wrong decision.
- I reduced the target price from $30 to $24 per share due to lower growth assumptions and lower margins due to inflation.
For further details see:
Unwise Decision Of Whole Earth Brands To Pay The Earn-Out With Equity