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FREE - Whole Earth Brands: Reinvesting In The Business And Lowering Debt Should Be The Priorities
Whole Earth Brands Inc.
Since October 2021, the stock dropped 17%. I think that drop is not justified.
In 3Q22, FREE grew CPG revenues by 7.6% and generated 16M USD in cash flow from operations.
Management's capital allocation is the main catalyst. They should prefer reinvesting in the business and lowering debt while only pursuing M&A at a reasonable price.