Whole Earth Brands Reaffirms 2023 Net Product Revenue Guidance Of $550M-$565M
Portfolio Pulse from Benzinga Newsdesk
Whole Earth Brands has reaffirmed its outlook for the full year 2023, expecting net product revenues of $550 million to $565 million, representing a reported growth of 2% to 5%. The company also anticipates adjusted EBITDA of $76 million to $78 million and capital expenditures of approximately $9 million.
August 09, 2023 | 11:35 am
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Whole Earth Brands, listed as FREE, has reaffirmed its 2023 outlook, which includes a 2% to 5% growth in net product revenues. This could indicate a positive future performance for the company.
Whole Earth Brands' reaffirmation of its 2023 outlook, including a 2% to 5% growth in net product revenues, indicates a positive future performance. This could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100