Review of Premium Brands Holdings

MAR 30, 2023 - PBH, operating in the specialty food manufacturing and distribution industry, has witnessed a choppier past few years than other industries and particularly the past several years. It has overcome rising raw materials input cost inflation by offsetting this with selling price inflation, multiple shifts in consumer spending habits, and disruption in global supply chains. Considering all of these moving pieces that PBH has had to navigate and its continued dedication to achieving its five-year growth targets, we are impressed by the company’s resiliency and management team. We are maintaining our rating at a ‘B+’.