Pantry Gets a Heads-Up from the Globe
The Pantry just received a mention in a blog that is part of Toronto's Globe and Mail, essentially Canada's version of the Wall Street Journal.
The article, On the Hunt for 'the king of value factors' highlights price to sale ratios. At the top of the list is The Pantry.
Just a word about price to sales ratios. Be careful in using them. A company with very poor profitability but big time sales will appear attractive on these screens. If they can develop some operating margins that are respectable, then these companies can be huge winners. But if they can't, they merely churn through sales dollars without adding much value for shareholders.