I will not be responding to this thread. If you want to discuss $SENEA with me, please DM me and I may respond. I am interested in hearing about any others' research.

I believe last quarter was mediocre because Del Monte was aggressively liquidating inventory. [1/8] During the quarter, I believe in the lead-up to Thanksgiving, Del Monte broadly slashed supermarket pricing for its regular-size (15oz) vegetables to $1 per can. Normal retail pricing varies by region, but it is rarely less than $1.50 per can, except in club stores. [2/8]

Here is a historical $SENEA comp case study of a situation that didn't work out: Dean Foods $DF (went bankrupt). Dean Foods was the largest milk processing company in the US, with a long history. They claimed to have nearly 40% market share in milk in 2010. [1/7] Although the company was large, they suffered from declining milk consumption trends, and persistent industry overcapacity. They competed with many farmer co-ops that were focused on selling their farmers' milk rather than earning profits. [2/7]

4 years ago, I decided to leave my investment analyst job to become a full-time private investor. Here are some things I've learned from my experience so far: Going full-time is lonely. In the real world, almost nobody else does this. Most people won't understand what you are doing with your life. Many will assume that you are unemployed and simply in denial about it. Sometimes you will wonder if they are right.