Acquisition And DevelopmentThe company announced a large acquisition and development agreement with Tyson Food, which is expected to add to AFFO in the future.
External Growth OpportunitiesKey positives include scale and market share benefits, external growth and continued consolidation opportunities, and long-term tailwinds from the growing fresh and frozen food segment.
Strong Balance SheetThe company's strong balance sheet should allow for accretive development and acquisitions, despite the underperformance post-IPO.