TSX:CCL.BPackaging
CCL Industries (TSX:CCL.B): Evaluating Valuation After Sales Grow but Profits Dip in Latest Earnings
CCL Industries (TSX:CCL.B) just released its second-quarter results, and investors who watch packaging and specialty label stocks closely are taking notice. While the company reported higher sales for both the quarter and year-to-date, net income came in lower than the prior year. This mix of growing revenues but shrinking profits raises questions about margin pressures and what they could mean for the value investors assign to the company going forward.
The market appeared to digest this...