Anticipates that lower than expected net sales will negatively impact adjusted gross margin, adjusted EBITDA margin and adjusted EPS for Q4 and the full year. The company is currently unable to quantify the overall impact on these measures. “Although we are disappointed with our fourth quarter sales results, we were pleased with the execution of our three- year transformation initiative throughout 2023, which we believe positions us strongly for 2025,” stated Joe Woody, CEO. “We are maintaining the 2025 financial objectives that we laid out at our Investor Day in June…”
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