Fairway Group: A Misunderstood Retailer Priced For Outsized Returns Over The Next Decade
- FWM is a misunderstood growth retailer with leverage to the high-growth organic segment of the grocer industry.
- Large investments in a new production facility and new stores are masking the profitability of existing stores. Margins should improve as the current investment cycle comes to an end.
- FWM stores are some of the most productive (measured by sales/sq. ft.) in all of retailing.