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McBride – price increases “challenges” & more. Hopefully our warnings were heeded...

By Steve Moore | Thursday 19 August 2021

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Previously writing on cleaning and hygiene products private label and contract manufacturer McBride (MCB), last month with the shares around 90p I concluded it “continues to discuss margin recovery actions with our customers”. With these major retailers and brand owners, good luck with that! I look forward to more detail with 7th September-scheduled results for the company’s year ended 30th June 2021, but the noted clear challenges see me presently continue to avoid. Today a further “trading update”…

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