CPI Card Group Says Sales Outlook Change Reflects Softness In Customer Demand In Debit And Credit Segment
Portfolio Pulse from Benzinga Newsdesk
CPI Card Group has revised its sales outlook due to a decrease in customer demand in the debit and credit segment.
August 08, 2023 | 12:38 pm
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CPI Card Group's revised sales outlook due to decreased demand could negatively impact its stock price in the short term.
CPI Card Group's revised sales outlook indicates a decrease in customer demand, which could lead to lower revenues. This could negatively impact investor sentiment and result in a decrease in the company's stock price in the short term.
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