Seeking Alpha’s Valkyrie Trading Society opines on Matthews post-earnings release
It didn’t take long for an investment advisor to get a take on what they think about Matthews International’s 4Q Earnings Report of last week. The article from Seeking Alpha’s contributer Valkyrie Trading Society is titled, “Matthews International: Signs of Deleveraging and Margin Improvement”. You can access the article here.
Here’s a short snippet of what the article says of Matthew’s Memorialization Segment, “Memorialization deserves some focus since it likely contributed to the enthusiasm today. EBITDA is up nicely despite sales declines thanks to inventory costing dynamics, and also the fact that cost-cutting is taking effect in this business. Growth remains inorganic with bolt-ons for the most part, with the opportunity for that continuing, but the important thing is that pricing is improving and the environment for casketed deaths is normalizing post-COVID. . . . “
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