CFO Anthony P. DiSilvestro stated: "We expect consumer demand to be positive for the full year and revenue comparisons to improve through the year as shipping patterns revert to historical trends in the second half… Looking ahead, we believe we are well positioned to achieve inventory reductions in 2023 which will contribute to free cash flow generation… We are off to a good start, with overall growth in consumer demand for our product and market share gains, and we believe we are well positioned to achieve our full year guidance." Comments taken from Q1 earnings conference call.
Published first on TheFly
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