American Vanguard Cuts FY23 Net Sales Outlook From $640M-$652M To $615M-$625M
Portfolio Pulse from Benzinga Newsdesk
American Vanguard has reduced its FY23 net sales outlook from $640M-$652M to $615M-$625M.
August 08, 2023 | 9:18 pm
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NEGATIVE IMPACT
American Vanguard's reduction in FY23 net sales outlook could potentially impact its stock negatively in the short term.
American Vanguard's reduction in its FY23 net sales outlook indicates a potential decrease in future revenues, which could negatively impact investor sentiment and lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100