TSE:2229Food
Assessing Calbee (TSE:2229) Valuation After Morgan Stanley Downgrade On Higher Fixed Costs
Why Morgan Stanley’s downgrade put Calbee (TSE:2229) under the microscope
Morgan Stanley’s downgrade of Calbee, tied to higher fixed costs at the Setouchi Hiroshima plant due to potato shortages, has sharpened attention on the snack maker’s near term profit resilience.
See our latest analysis for Calbee.
Against this earnings reset, Calbee’s share price has a 90 day share price return of 4.74% and a 1 year total shareholder return of 6.8%, suggesting moderate momentum rather than a sharp...