This Well-Known Consumer Play Is An Attractive Short
A leveraged balance sheet and zero growth suggests further downside
This brand has undergone multiple ownership changes over the years — in an attempt to find growth.
Shares have dropped 21% over the past five years. Competitive challenges and a leveraged balance sheet suggest the decline should accelerate.
The history of the consumer space is clear: brands like these don’t have the power they use to.
This isn’t the sexiest short in the market, but there are catalysts for big returns.