Fortune Brands Revises FY23 Net Sales Outlook From -2% To 0% To New Range Of -2% To -1%
Portfolio Pulse from Benzinga Newsdesk
Fortune Brands has revised its FY23 net sales outlook from a range of -2% to 0% to a new range of -2% to -1%.

October 25, 2023 | 8:34 pm
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Fortune Brands has revised its FY23 net sales outlook, which may impact investor sentiment and the company's stock price.
The revision of Fortune Brands' FY23 net sales outlook is a significant event that could influence investor sentiment. While the new forecast is still negative, it's slightly less so than the previous one, which could be interpreted as a positive sign. However, the impact on the stock price will depend on how investors interpret this news and the overall market conditions.
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