- ALJJ’s most recent earnings release showed notable improvement in revenue and EBITDA, as well as surprisingly strong guidance for next quarter.
- The recent announcement that ALJJ is pursuing a sale of the non-core "Carpets" vertical will allow the company to re-focus on profit-generating businesses.
- The continued expansion of the Faneuil vertical continues, and if management guidance is correct, the company's largest subsidiary could see 40%+ revenue growth in the first quarter of fiscal 2021.
For further details see:
ALJ Regional Holdings: Pending Sale Of A Non-Core Subsidiary Is A Positive Catalyst