Food wholesalers industry
Article Abstract:
The strong economy has made it possible for food wholesalers to post good sales and earnings gains in 1997, and this is not expected to change greatly in 1998. Although the industry is competitive, the US economic environment through the years 2000-2002 is expected to be benign and consumer income is expected to increase allowing higher company profits. However, the industry is untimely for 1997, and investors must make long-term selections.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
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Food wholesalers industry
Article Abstract:
The food wholesale industry restructured and consolidated in 1996, and this is expected to continue in 1997 with positive long-term effects. In spite of increased competition the industry is expected to do well by the year 2000. Investors are unhappy with the poor industry earnings in 1996, and most of these stocks are not timely in 1997. However, SUPERVALU Inc and Sysco Corp are good individual investments for the next three to five years.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
User Contributions:
Comment about this article or add new information about this topic: