Weekly Update Monday, March 13, 2017 Strong February 2017 Jobs Couldn’t Continue Weekly Gains. Mary Burke Partner Despite news of a solid jobs report for February 2017, the major U.S. stock 312.348.7081
[email protected] benchmarks snapped their multi-week gains streak. Oil prices also experienced a downturn with the price concluding below $50 a barrel for William Whipple WTI crude. Partner 312.348.7076 The Dow Jones Industrial Average decreased 0.5% on the week,
[email protected] finishing at 20,903. Philip Zoloto The S&P 500 fell 0.4% on the week, closing at 2,373. Partner 312.348.7077 The NASDAQ Composite declined 0.2% on the week, finishing at
[email protected] 5,862. Lakeshore Food Advisors, LLC Yield on the 10-year Treasury rose 9 basis points on the week, ending at 20 North Wacker Drive 2.58%. Suite 1701 Chicago, IL 60606 Crude oil declined 8.1% on the week, ending at $49.03 per barrel. Corn futures fell 4.3% on the week, ending at $3.64 per bushel. NASDAQ Highs: Central Garden & Pet Company, National Beverage Corp., Panera Bread Company Lows: Calavo Growers, Inc., Inventure Foods, Inc. NYSE Highs: None Lows: Natural Grocers by Vitamin Cottage, Inc., SUPERVALU, Inc. Featured Stocks of the Week: Dean Foods Co. (NYSE: DF) 10-year History Flowers Foods, Inc. (NYSE: FLO) 10-year History 120 30 100 25 80 20 60 15 40 10 20 5 0 0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 1 The Lakeshore Food Chain Price Price as Compared to Enterprise Value to Total Debt Price Compared to 52-Week Range YE: Forward LTM: to LTM Company Name 3/10/17 3/3/17 High Low 2016 2015 P/E Revenue EBITDA EBITDA Dow Jones Industrial Average 20,903 (0.5%) 21,116 17,140 5.8% 20.0% 19.8x S&P 500 2,373 (0.4%) 2,396 2,001 6.0% 16.1% 18.3 NASDAQ Composite Index 5,862 (0.2%) 5,904 4,594 8.9% 17.1% 25.3 Sector Average: 6.9% 17.7% AGRICULTURAL LAND HOLDINGS Farmland Partners Inc.