Murphy USA Corporation (“Murphy USA” or the “Company”) is one of the United States’ largest independent retailers of gasoline and convenience store products. With over 1,700 locations across 27 states, Murphy USA prides itself on saving its customers money on gas and items within its stores.
Coty Inc. and its subsidiaries are global players in beauty product manufacturing and distribution. They operate in multiple segments, offering a range of products like fragrances, cosmetics, and skin care. Their brand portfolio includes Calvin Klein, Gucci, and CoverGirl, among others, sold through various channels, including e-retailers and traditional stores. Hims and Hers operates a consumer-centric platform connecting users with licensed healthcare professionals. They offer telehealth consultations for a range of health needs, including sexual health, hair loss, dermatology, mental health, and primary care, along with providing personalized health and wellness products. This report analyzes potential strategic alternatives between these two companies.
Canadian Tire Corporation Limited (“CTC” or “CT” or the “Company”) is a group of companies selling a wide range of products in automotive, playing, fixing, seasonal and living categories through both physical and online storefronts. It has over 1,700 stores throughout Canada with 90% of all Canadians living 15 minutes away from a Canadian Tire store, enabling it to become Canada’s #1 retail brand.
Hasbro, Inc. (NASDAQ: HAS) is an American multinational conglomerate holding company headquartered in Pawtucket, Rhode Island. Hasbro, Inc. is one of the largest toy makers in the world. They also operate in digital gaming and entertainment.
The New York Times (NYSE: NYT) is a renowned global media organization, which is dedicated to reporting top-calibre news and information across the globe. Headquartered in Manhattan, the Times has distinguished itself to become the golden standard of journalism. The company's diverse offerings include its core news product, as well as more interest-specific products such as The Athletic, Cooking, Games, Audm, and Wirecutter.
Founded in 1962 and headquartered in Colorado, Vail Resorts, Inc. is a holding company that owns and operates a variety of subsidiaries, including mountain resorts, hotels, and ancillary services such as golf courses, ski schools, dining, and rental services.
Goodyear is a global tire manufacturer and distributor, established in 1898 and headquartered in Akron, Ohio. Serving original equipment mounting and replacement markets for various vehicles, it operates under brands like Cooper, Dunlop, and Kelly.
Inter Parfums Inc. (NASDAQ: IPAR) is a global manufacturer, marketer, and distributor of prestigious fragrance and cosmetics products. The company is known for its licensing deals with a wide variety of well-known brands including DKNY, GUESS, Coach, Kate Spade and Van Cleef & Arpels.
Sealed Air Corporation (“Sealed Air” or the “Company”) provides various packaging products and equipment in the Americas, Europe, Africa, and Asia. The Company operates through two segments: Food, and Protective. While the Food segment focuses on providing food safety and extending shelf life, the Protective segment offers solutions designed to protect goods during transportation and storage.
Under Armour Inc. (“Under Armour” or the “Company”), designs, manufactures, and distributes sportswear apparel through direct-to-consumer channels, e-commerce storefronts and third-party retail outlets. The company has over 15,000 physical stores and is sold across 150 countries. Under Armour was founded in 1996 in Baltimore, Maryland, United States.
BRP Inc (“BRP” or the “Company”) is a Canadian Powersports manufacturer operating under the brands Sea-Doo, Can-Am, Ski-Doo, Rotax, Lynx, Alumacraft, Manitou, and Quintrex. The company sells its products through its loyal network of nearly 3000 dealers in over 130 countries and is a market leader ininnovation and product performance.
Originating in Clarksville, Indiana in 1993, Texas Roadhouse Inc, is an American casual dining restaurant chain. Since then, the restaurant has expanded two other concepts including Bubba’s 33 and Jaggers. Texas Roadhouse restaurants operate in the US and ten foreign countries. They specialise in “Hand-Cut-Steaks” and “Fall-off-the-bone ribs” as well as sides, burgers and sandwiches.
BellRing Brands, Inc. specializes in delivering a range of nutritional products within the United States. The company supplies ready-to-drink protein shakes, additional ready-to-drink beverages, powders, nutrition bars, and various other itemsthat are primarily marketed under the Premier Protein and Dymatize brands. Distribution channels include club, food, drug, mass, eCommerce, specialty, and convenience outlets.
Mattel (Nasdaq: MAT) is a leading global toy company and the owner of a portfolio of iconic brands and partners with global entertainment companies to license other intellectual property. It has ranked as the #1 toy company in the US for 29 consecutive years, #2 in Europe, #1 in Latin America, and #2 in Australia. Funko (Nasdaq: FNKO) has one of the industry’s largest portfolios of licensed content panning various product categories, including figures, plush, accessories, apparel, homewares, vinyl records, posters or digital NFT. Fueled by the growth of the pop culture industry, Funko's innovative product design and strategic market positioning have contributed to the establishment of protective moats. This report analyzes potential strategic alternatives between these two companies.
The Coca-Cola Company (NYSE: KO) or “Coke” is the third largest beverage company in the world by revenue and has been in business for over 130 years. Operating globally across more than 200 countries and territories, Coke offers a diverse range of products in the soft drink, tea, and sports drink segments. Coke is characterized by stability and reliable dividend yields for investors. Monster Beverage Corporation (NASDAQ: MNST) or “Monster” is the second largest brand in the United States energy drinks market, trailing behind Red Bull by $1.82B in yearly revenue as of 1Q23. Monster has seen high market cap appreciation over the past year, with a 29.9% increase in its share price compared to the industry average of 12.4%.
Northland Power Inc. is a Canadian renewable energy company that develops and operates wind, solar, and natural gas projects worldwide, emphasizing sustainability and clean energy solutions. It primarily operates in North America and Europe, with some presence in Asia, Latin America, and other regions. Enbridge Inc. operates a vast network of pipelines that transport crude oil, natural gas, and liquids across North America. It owns a diversified portfolio spanning midstream and downstream operations. It also invests in renewable energy projects. This report analyzes potential strategic alternatives between these two companies.
Samsara Inc. (NYSE: IOT) provides solutions that connect physical operations data to its Connected Operations Cloud in the United States and internationally. It serves transportation, wholesale and retail trade, construction, manufacturing, food and beverage, and other industries, as well as government. Aspen Technology, Inc. (NASDAQ: AZPN) provides industrial software that focuses on helping customers in asset-intensive industries worldwide. The company serves a range of asset-intensive industries, including oil and gas exploration and production. This report analyzes potential strategic alternatives between these two companies.
Tempur Sealy International, Inc. (NYSE:TPX) is a global manufacturer and distributor of mattresses and bedding products. The company is known for its premium mattresses, including memory foam and hybrid mattresses. TPX has 700+ stores over 100 countries, ranging from North America to Asia. Sleep Country Canada Holdings Inc. (TSX:ZZZ) is a leading mattress retailer in Canada. The company offers a wide range of mattresses, bedding accessories, and sleep-related products. Sleep Country has 289 stores throughout Canada and has 5 leading ecommerce platforms. The company operates under the Dormez-vous, Sleep Country Canada, Hush, and Endy retail banners. This report analyzes potential strategic alternatives between these two companies.
Glencore is one of the world’s largest diversified natural resources businesses. They currently have two key business lines, industrial (~80% EBITDA) and marketing (~20% EBITDA). Hudbay commands a strategic portfolio in key base and precious metals, with a particular focus on copper. They boast a robust operational footprint across the America’s and have a solid track record of resource extraction. This report analyzes potential strategic alternatives between these two companies.
Netflix (NASDAQ: NFLX) is one of the largest entertainment services with approximately 247 million subscribers across over 190 countries. Netflix develops and offers TV series, films, and games across many different genres and languages on their streaming network. Electronic Arts (NASDAQ: EA) is an American video game company headquartered in Redwood City, California. The company offers innovative games and experiences for consoles, mobile devices, and personal computers boasting nearly 600 million active players globally. Top brands include FIFA, Battlefield, Apex Legends, F1, and NFL Madden. This report analyzes potential strategic alternatives between these two companies.
West African Resources (ASX:WAF) is an emerging gold producer based in Australia. The company operates in Burkina Faso, Africa. WAF owns the Sanbrado Gold Mine (90% ownership), the Kiaka Gold Project (90% ownership), and the Toega Gold Project (90% ownership). Orezone Gold Corporation (TSX:ORE) is a small-cap gold producer based in Vancouver, Canada. The company’s operations focus on its 90% interest in the open-pit Bomboré Gold Mine in Burkina Faso, Africa. This report analyzes potential strategic alternatives between these two companies.
NetApp (NASDAQ: NTAP) is a leading provider of data management solutions and services, which includes cloud services, storage infrastructure, and access to hybrid multi-cloud environments. They differentiate themselves by being the only data-centric software company that provides hybrid cloud data and enterprise storage capabilities to the public cloud. NetApp provides a unified software, along with proprietary ransomware protection features. Nutanix, Inc. (NASDAQ: NTNX) provides a leading enterprise cloud platform, particularly in the realm of hyper-converged infrastructure (HCI) and cloud software. Nutanix aims to simplify and streamline data center operations by integrating various components into a single, software-defined platform. These solutions allow organizations to simply run and move their workloads, between on-premises and public clouds. This report analyzes potential strategic alternatives between these two companies.
Harley-Davidson, Inc. is engaged in the manufacturing and sale motorcycles as well as motorcycle parts, accessories, general merchandise, and related services. The company has a financial services segment which provides financing at both the consumer and dealership level. The company was founded in 1903 and is headquartered in Milwaukee, Wisconsin.
Founded in 1957 and headquartered in Chicago, Hyatt Hotels Corporation ('Hyatt' or the 'Company'), is a leading global hospitality company that owns a portfolio of over 20 brands with over 1000 properties. Hyatt has over 800 properties and operates in over 60 countries across six continents.
DICK'S Sporting Goods, Inc. (or 'Dick's') is a sporting goods retailer that sells sports equipment, footwear, apparel, and accessories. Founded in 1948, it currently operates out of 853 locations across the United States.
Levi Strauss & Co. ('LEVI') is a American apparel company that leads jeans-wear globally and company was founded in San Francisco, California in 1853. Levi Strauss & Co. currently operates in more than 110 countries with 3,100 stores worldwide. Company has four revenue segments: wholesale, e- commerce, shop-in-shop, and company operated stores.
Tapestry, Inc. (NYSE: TPR) is a leading New York-based house of accessible luxury accessories and lifestyle brands. The company operates through three segments, Coach, Kate Spade, and Stuart Weitzman, in the United States, Japan, China, and internationally.
MGP Ingredients, MGPI, MGP, or the company, is an alcohol manufacturer specializing in distilling services for downstream business customers. After the acquisition of LUXCO, a branded spirit company, MGP acquired multiple brands, which contributed to a significant growth in revenue in the branded spirit product segment. Moreover, a small portion of its revenue is attributable to the ingredient solutions segment, which is primarily comprised of wheat starches and proteins for food processors.
Wingstop Inc. is a fast-casual restaurant chain focusing on chicken wings with a retro aviation theme. It currently has approximately 1,900 locations worldwide in 8 countries and operates under a franchise model. 98% of Wingstop locations are owned and operated by independent franchisees.
Petco Health and Wellness Company Inc ('Petco') provides a wide variety of pet-related services, including veterinary care, grooming, training, telehealth, and pet health insurance services. It also sells pet supplies, consumables, and services through its various websites. Petco has over 1,500 pet care centers across the U.S., Mexico, and Puerto Rico.