Michel Atwood, Chief Financial Officer noted, "As announced earlier this month, we plan to issue results for the 2022 fourth quarter and full year on February 28, 2023 and look for 2022 earnings per diluted share to approximate $3.60. Despite ongoing supply chain disruptions and geopolitical turmoil, the fragrance market continues to display strong growth momentum. Therefore, we believe that our 2023 $1.15 billion net sales guidance is achievable as is our guidance for earnings per diluted share of $3.75. Our 2023 guidance assumes that the average dollar/euro average exchange rate remains at current levels and there is no significant resurgence of the COVID-19 pandemic."
Published first on TheFly
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