Consensus $2.78. Raises FY24 adjusted EBITDA view to $348M-$360M from $340M-$352M. Sees FY24 capital expenditures 2.5%-3% of sales. The company said, “In fiscal 2024, the Company is taking specific actions to strengthen its operating model, simplify the organization and improve manufacturing and supply chain efficiency through restructuring and re-positioning actions. As a result of these actions, the Company expects to incur pre-tax charges of approximately $19 million for the full fiscal year.”
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