Lidl Stock: Can You Buy Lidl Stock & Will Go Public In 2022?
It is estimated that the grocery industry has a market worth trillions of dollars. With sales increasing by more than doubling over the last 20 years, it makes perfect financial sense to invest in supermarket companies.
Lidl, a growing supermarket chain has been present in America since June 2017. Competition between Aldi and them has intensified.
Perhaps you are wondering whether you could buy Lidl stock to get in on that Lidl competition. This is what you should know.
Can You Buy Lidl Stock In 2022?
Lidl stock is not available for purchase in 2022. It is a privately-owned company and the Schwarzs have owned it since 1970. Lidl stock is not available for purchase and Lidl has no plans to become public.
Why is Lidl Stock not available for purchase?
Before we get into why you can’t buy Lidl stock, it’s important to understand the family and store history a bit.
Josef Schwarz, Dieter’s father, was a fruit wholesaler who used his influence at the store to transform the company into an overall food supplier. He remained loyal to A. Lidl his business partner until his final days.
Josef passed away in December. Dieter, the son of Josef, assumed the control of the company and was named CEO. The goal of Dieter’s strategy has been to expand the presence of grocery stores beyond Germany.
Lidl has been able to open its stores with slow and steady expansion without any outside investment. That is the reason Lidl does not trade on the stock markets.
Lidl is also smaller and has fewer staff than competitors. The company can invest its profits while remaining in control of the business.
Lidl’s strategy expansion and capital allocation are not the only things that make it challenging for outsiders see what is happening.
Lidl remains private and cannot be traded publicly because of this reason.
To learn more, you can also see our related post on whether or not you can buy Aldi stock.
Where else can you put your money than Lidl?
Disappointed that Lidl stock cannot be invested in is because Schwarz Gruppe is worth billions.
There are however, some public-traded competitors to the low-price grocery sector.
Food Lion- A food market chain in 10 US states that was located in the US’ mid-Atlantic, and south regions. Food Lion is owned by Ahold Delhaize from the Netherlands. It was established in 1973. Ahold Delhaize currently has an estimated value of $30 trillion. You can find the publicly traded company on US markets under ADRNY.
Kroger – Kroger was founded in the 1800s and is now the largest supermarket company in the US. The Fortune 500’s top US corporations lists it at 23rd place. It reported more than $122 million in annual revenue for 2020. You can buy Kroger stock under the stock symbol KR.
Walmart – Thanks to Walmart’s “Great Value” store brand, Walmart is competitive with the lowest of grocery prices, with the advantage of also selling just about anything you could possibly need. Walmart can be found on the NYSE as the stock symbol WMT.
You might be curious to know more about IKEA stock or Sam’s Club stock.
Lidl stock is not publicly traded and you can’t buy it. However, this market offers plenty of opportunity for investors in economy-priced groceries.
.Lidl Stock: Can You Buy Lidl Stock & Will Go Public In 2022?