TSX:KBLCommercial Services
K-Bro Linen (TSX:KBL) Stock Faces Margin Squeeze Despite Strong Revenue Growth
K-Bro Linen walked into this earnings print with the stock at CA$46.26 and a strong 90 day run behind it, yet the real story sits in the fresh Q2 numbers. For a business built on hospital gowns and hotel sheets, the headline is clear. Revenue reached CA$150.4m and adjusted earnings before interest, tax, depreciation and amortization came in at CA$29.8m, even as adjusted EBITDA margin eased to 19.8%.
The market has already voted on the release. Now the question for you is whether the margin...