Generac Maintains 2023 Net Sales Guidance Of Down 10-12% YoY
Portfolio Pulse from Benzinga Newsdesk
Generac Holdings Inc. (GNRC) has maintained its 2023 net sales guidance, expecting a decrease of 10-12% year-over-year.
November 01, 2023 | 10:02 am
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Generac Holdings Inc. (GNRC) has maintained its 2023 net sales guidance, expecting a decrease of 10-12% year-over-year.
Generac's announcement of a projected decrease in net sales for 2023 could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term. The company's decision to maintain this guidance indicates that it does not expect conditions to improve significantly in the near future.
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