Balance SheetInternational organic sales grew, Celestial tea consumption inflected positive, and progress on working capital has supported balance sheet improvement.
Market ValuationThe international business is stabilized and returning to growth, and a turnaround in North America is anticipated, presenting an opportunity to purchase shares at a significant valuation discount.
Product PortfolioDespite disappointing results, the company's on-brand products in on-trend categories are expected to facilitate a move back to profitability.