In today’s briefing:
- Sumber Alfaria Trijaya (AMRT IJ) – Talking Mini-Markets and Convenience
- A Spoonful of Reality
Sumber Alfaria Trijaya (AMRT IJ) – Talking Mini-Markets and Convenience
- Sumber Alfaria Trijaya (AMRT IJ) booked some strong SSSG for June bringing its YTD number into line with its FY2023 projections after post Lebaran adjustment in May.
- The company will embark on a more aggressive store rollout for this year with plans for 2,100 new stores, including 200 Alfamidi stores and 500 Lawson convenience stores.
- Sumber Alfaria Trijaya Tbk Pt (AMRT IJ) continues to grow its membership program under AlfaGift with 16.3m members, which helps to gather valuable data and grow sales. Valuations are attractive.
A Spoonful of Reality
- Whole Earth Brands, a sustainable sweetener firm, has seen a slowdown in growth, tightening margins, and rising debt since going public.
- Despite the odds, the company is countering these challenges with a strategy that includes cost reduction, improved distribution, and portfolio expansion.
- A recent buyout proposal from the company’s largest shareholder has added a new dimension to the company’s future.
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