G. Willi-Food International, one of Israel’s fastest growing food companies, came out with guidance for Q2, ahead of their full quarterly report due out in August.
The company announced that it expects to report an approximate 27% increase in revenues for the second quarter over Q2 ‘06, and an approximate 29% increase in revenue for the first half of 2007 over the prior year’s period.
Willi Food continues to execute their business model, and drive their expansion into the US kosher food market. As I have posted in the past, the kosher food market is very large, and growing rapidly. Look for WILC to continue to profit from this trend for years to come.
Disclosure: The author’s fund is long WILC as July 12, 2007.
WILC 1-yr chart: