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Ultimate Stocks portfolio: company updates

30/08/2022

US

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Updates from two constituents of our Ultimate Stocks portfolio brought lowered guidance while another welcomed the return of its founder.


We are big fans of founder managed businesses, especially where founders continue to hold significant equity stakes in their creations. While it’s rarer to see founders retain an executive leadership position in a well-established giant, one of our Ultimate Stocks portfolio companies covered here recently welcomed the return of its founder; he has clearly returned at a very important time for the business as it struggles with a number of issues, many of which are…

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