Published on 30 Jun 2022 on Simply Wall St. via Yahoo Finance
Those who invested in Hardwoods Distribution (TSE:HDI) three years ago are up 136%
Hardwoods Distribution Inc. (TSE:HDI) shareholders might be concerned after seeing the share price drop 23% in the last quarter. But that doesn't undermine the rather lovely longer-term return, if you measure over the last three years. The share price marched upwards over that time, and is now 124% higher than it was. So the recent fall in the share price should be viewed in that context. The thing to consider is whether the underlying business is doing well enough to support the current price.
So let's assess the underlying fundamentals over the last 3 years and see if they've moved in lock-step with shareholder returns.
See our latest analysis for Hardwoods Distribution