Danone SA ADR
DANOY: OTCM (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.! | LOCK|@l?# | LOCK|kSwvQ& |
Danone Is on the Right Recovery Path After a Stellar 2023
Business Strategy and Outlook
After years of suboptimal capital allocation decisions and execution, which have resulted in poor shareholder returns, Danone needs a new strategic plan. New management has attributed the company's historical underperformance versus peers to a lack of focus on the core portfolio, late and subscale innovation efforts, inconsistent execution, and low investment, an assessment we agree with.
