CLICK HERE for the webcast replay and materials. |
We hosted an Idea Hunt call for Restaurants and Consumer Staples on Friday. We are on the hunt for longs and shorts where our estimates differ materially from consensus expectations and where the multiple could be re-rated. We will present our analysis after a further round of vetting on a handful of companies. Our best ideas often are sourced from vetted Idea Hunt companies.
The topics we covered include:
- How to be positioned in Restaurants and Consumer Staples in Quad 4.
- Will the food scare have a lasting impact on Wendy's (WEN)?
- Can Toast (TOST) take more share as restaurants look to drive sales and automate functions? Can the stock perform in a tech meltdown?
- How long can Bowlero (BOWL) create value through bowling center acquisitions?
- Is Celsius Energy (CELH) a disrupter in the $60B energy drinks category? How long can it continue to add $300M in revenue annually?
- Haleon's (HLN) shares have stumbled out of the gate, does that represent an opportunity to invest in the spin-off?
- Can Sovos Brands (SOVO) continue to create value by plugging acquisitions into its playbook or should the strategy adjust?
