Consensus $1.11. Cuts FY23 revenue view to $6.16B-$6.21B from $6.45B-$6.55B, consensus $6.42B. Sees FY22 tax rate 17%. Sees FY22 capital investments $140M. The company said, "Net sales from continuing operations of approximately $6.16 billion to $6.21 billion, which includes a projected headwind of approximately $196 million from changes in foreign currency exchange rates. At the midpoint, this represents an approximate 6% decline as compared to prior year on a constant currency basis and a 9% decline on a reported basis."
Published first on TheFly
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