TSX:PBHFood
Premium Brands Holdings (TSX:PBH) Stock Faces Margin Squeeze Despite Revenue Surge
Premium Brands Holdings went into this earnings print with a bruised share price, down about 9.6% over the past week and roughly 6.7% over three months, and a very rich trailing P/E multiple sitting far above food peers. The stock closed at CA$83.80 after the release, as investors weighed a headline that mixed solid revenue with thin profitability.
The real story this quarter is margin and earnings pressure. Net profit margin over the last 12 months sits at 0.4%, and basic earnings per share...