BellRing Brands Expects FY24 Net Sales Of $1.83B-$1.91B, Up 10%-15 Y/Y (Consensus $1.86B)
Portfolio Pulse from Benzinga Newsdesk
BellRing Brands forecasts its FY24 net sales to be between $1.83B and $1.91B, representing a year-over-year increase of 10% to 15%. This projection is in line with the consensus estimate of $1.86B.
November 20, 2023 | 10:10 pm
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BellRing Brands anticipates a 10-15% increase in FY24 net sales, with expectations aligning with market consensus.
The positive sales growth forecast by BellRing Brands is likely to be viewed favorably by investors, as the company's expectations are in line with market consensus. This alignment suggests that the company is performing as expected, which could lead to increased investor confidence and potentially a positive impact on the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100