Stephen Simpson, CFA
Long only, growth at reasonable price, value, research analyst

Multi-Color - Better Margins, But Growth Still A Challenge

The "it's always something" phenomenon that I've talked about before at Multi-Color (NASDAQ:LABL) came through again this quarter. While the company's gross margin was better than expected and its relatively recent Di-Na-Cal acquisition contributed more than expected, underlying organic growth remains frustratingly weak. I still believe this company has free cash flow growth potential in the high single digits to low double digits over the next decade, though, and that potential keeps the fair value just interesting enough to make these shares worth holding.

Starting The Fiscal Year On A Better Foot

Multi-Color reported 22% revenue growth for the quarter, good for a roughly 3% beat to the relatively few sell-side estimates out there. The good news is...

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