CPI Card Group Sees FY23 Net Sales To Decline Mid-Single Digits
Portfolio Pulse from Benzinga Newsdesk
CPI Card Group has projected a mid-single digit decline in net sales for the fiscal year 2023.
November 07, 2023 | 1:46 pm
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NEGATIVE IMPACT
CPI Card Group's forecast of a decline in net sales for FY23 could negatively impact its stock price.
CPI Card Group's announcement of a projected decline in net sales for FY23 is a negative indicator for the company's financial performance. This could lead to a decrease in investor confidence and a potential drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100