This report includes a macro overview, a company overview, risks and challenges, management alignment, growth prospects, and a P&L model. You are welcome to read the whole thing, or skip to whichever part most interests you.
Macro Environment:
There are a number of indications that the United States economy continues its expansion:
- Positive Employment Trends: The Bureau of Labor Statistics indicates unemployment remains at a very low 3.9%. Wages are up 4% on average over the last twelve months. Job openings are near record highs.
- Fed Pause: The Fed signaled an end to interest