Tuesday, February 07, 2023 12:59:57 PM
As for the company's base business of serving restaurants, growth will be expensive. The company needs to shrink its reliance on US Foods - not because USF is unreliable, but because it is a major red flag to possible acquirers. This means the company is going to need other distributors or ship direct to foodservice clients. The company will need additional fulfillment centers to make that happen.
Bottom line - expect a step back in profitability before the company can move two steps forward. But from a leadership standpoint, this is excellent news.
Recent IVFH News
- Form SCHEDULE 13G - Statement of Beneficial Ownership by Certain Investors • Edgar (US Regulatory) • 10/07/2024 02:00:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/22/2024 07:14:05 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 04:00:43 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/12/2024 09:21:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/01/2024 12:00:21 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/23/2024 08:49:42 PM
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- Form SC 13D/A - General Statement of Acquisition of Beneficial Ownership: [Amend] • Edgar (US Regulatory) • 07/23/2024 08:36:21 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/23/2024 08:31:59 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/23/2024 08:30:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/23/2024 08:30:24 PM
- Form SC 13D/A - General Statement of Acquisition of Beneficial Ownership: [Amend] • Edgar (US Regulatory) • 07/23/2024 01:57:38 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/23/2024 12:29:16 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/20/2024 12:09:02 AM
- Form SC 13D/A - General Statement of Acquisition of Beneficial Ownership: [Amend] • Edgar (US Regulatory) • 07/20/2024 12:07:53 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/19/2024 09:50:05 PM
- Form SC 13D/A - General Statement of Acquisition of Beneficial Ownership: [Amend] • Edgar (US Regulatory) • 07/19/2024 09:38:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/11/2024 08:05:46 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 05/08/2024 08:41:41 PM
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