Monday Morning

FryGuy’s first fridea of 2026 is Stock Pawnshop worthy:

Bah-da, bah-da-da-da
Bah-da, bah-da-da-da
Bah-da, bah-da-da-da

Monday, Monday, HAIN reports 2nd quarter
Monday mornin’, will the longs get longer or shorts get shorter?
Oh, Monday mornin’, Monday mornin’ we can’t guarantee
That Monday evenin’ the Stock Pawnshop will be free

The above tune comes from The Mama & The Papas. One may ask “Why is that relevant?” Well, new moms and dads purchase food for their babies/toddlers. We estimate that Hain Celestial generates around $250 million in revenue in this category. Its US brand is Earth’s Best. Well, this morning, on the back page of my Wall Street Journal, I saw that Once Upon A Farm is coming public (ticker: OFRM). The market cap is somewhere between $700 – $800 million. Congratulations to actress Jennifer Garner and her team. Psssst, that is larger than the enterprise value of HAIN. Goldman Sachs is leading the OFRM deal and also acted as the investment banker for Hain Celestial’s sale of its snack division. Once Upon Arbitrage

Your Stock Pawnstars are fans of CEO Alison Lewis. There are many disappointed snackaholics that loved Terra Chips and Garden Veggie Straws. We understand, but the firm couldn’t make money in this division. We suspect that Celestial Seasonings tea sales were alright during a frigid winter. Perhaps, the Imagine soups brand did ok as well. We are salivating in anticipation for Monday’s earnings call.