Charles River Labs Quarterly Resilience Faces Declining Organic Revenue Test
Charles River Laboratories (NYSE:CRL) reported resilient quarterly results despite a 2.3% average annual decline in organic revenue over the past two years, leading to a recent stock pullback. Analysts anticipate modest revenue growth and lower return on invested capital, suggesting the company relies more on cost control and execution than volume growth. Investors should monitor the company's efforts to rebuild its project pipeline and improve its return on invested capital given the current market sentiment and share price volatility.
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