Backs FY24 revenue view $10.5B-$11B, consensus $10.62B. Sees consolidated gross profit margin in the range of 14.5%-15.0%. Based on the company’s fiscal first quarter performance and current expectations for the remainder of the fiscal year, the company is reaffirming its previously communicated full-year fiscal 2024 guidance. As the company’s fiscal 2024 guidance assumes a much stronger second half of fiscal 2024, in conjunction with the traditional retail selling season, the company recognizes opportunity and risk to the forecast dependent upon future macro conditions and their impact on retail consumers.
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