2024-05-31 06:26:37 ET
Summary
- LSI Industries' topline has declined for three consecutive quarters due to headwinds on the Grocery vertical.
- Sales are expected to improve in the coming quarter due to new wins in the Display Solutions segment and the contribution from the EMI transaction.
- The company's strong market position, diversified customer base, and new product introductions are expected to drive longer-term growth.
- The company's current stock valuation is significantly discounted making it a good buy.
The Thesis
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LSI Industries: A Company With Great Potential At An Attractive Valuation