The Public Company Hiding In Plain Sight
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 12 April 2023
⏱️ 28 minutes
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| 0:00.0 | Sometimes a publicly traded company is right in front of you hiding in plain sight. |
| 0:10.8 | Motley Fool Money starts now. |
| 0:12.8 | I'm Chris Hill, joining me today from the great white North, Motley Fool Senior analyst, |
| 0:25.6 | Jim Kiles. |
| 0:26.6 | Good to see you. |
| 0:27.6 | Good to be seen, Chris. |
| 0:29.9 | Long time listeners will know that when Jim Giles shows up on Motley Fool Money to talk |
| 0:35.6 | about a stock, you can expect a couple of things out of the business. |
| 0:40.0 | One is it's probably a business that most American investors have never heard of. |
| 0:46.2 | And two, there's a reason Jim is a fan of that business that most Americans have never |
| 0:52.0 | heard of. |
| 0:53.0 | And no exception today with a company called MTY Food Group, which reported first quarter |
| 1:00.3 | earnings, there must have been something positive because the stock is up about 4%. |
| 1:05.1 | But this is, this is an interesting one to me because you and I, I hadn't heard of the |
| 1:11.1 | parent company, but I have heard of the brands or at least some of the brands because this |
| 1:17.0 | is basically if you've ever been to a food court in Canada or the United States, you've |
| 1:23.4 | probably seen these fast food slash fast casual businesses and dozens of them are under |
| 1:32.1 | the MTY Food Group umbrella. |
| 1:35.2 | Yeah, they've got somewhere north, I believe now of 85 banners. |
| 1:42.4 | It wasn't uncommon say five or seven years ago if you went to a mall food court which, |
| 1:47.5 | you know, I try to avoid like the plague, but you would go to a mall food court and half |
| 1:54.0 | of the stores and not mall food court are all owned by MTY and you wouldn't know it. |
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