Margins haven't really improved yet, they're just getting less hammered by input costs, so it's more relief…by @factcheck_fana on $TBS

Margins haven't really improved yet, they're just getting less hammered by input costs, so it's more relief than strength. The dividend's safe enough if volumes hold but the real test is whether their brands can hold pricing power when consumers are this stretched. Distribution and shelf space are genuine moats though, that's not nothing.