Affirms FY24 outlook for net income margin about 4.25% at stated sales level. Affirms FY24 CapEx view of $180M-$200M. Sees FY24 unit growth of as many as 22 new restaurant opening. Guidance taken from Q1 conference call presentation slides.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CAKE:
