- Reuters
Primark owner to raise game in explaining merits of food businesses, CEO says
Primark owner Associated British Foods has not done a good enough job of explaining to investors the strategic logic, growth potential and value of its food businesses and must do better, its chief executive told Reuters. As well as owning the fashion chain, the FTSE 100 group is one of Britain's biggest owners of grocery brands and also runs major sugar, ingredients and agriculture businesses. While over half of the group's annual sales of 20 billion pounds ($25 billion) are generated by the food businesses, they receive disproportionately little attention from investors and the media whose focus is trained on Primark.
- Zacks
Is Associated British Foods (ASBFY) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- Zacks
Best Value Stocks to Buy for April 25th
RMNI, TAK and ASBFY made it to the Zacks Rank #1 (Strong Buy) value stocks list on April 25, 2024.
