H.B. Fuller Expects FY24 Net Revenue Growth Of Up 2% - 4% (Prior View 2% - 6%) With Organic Revenue Flat To Up 2% (Prior View Flat To Up 3%) Y/Y
Portfolio Pulse from Benzinga Newsdesk
H.B. Fuller has revised its FY24 net revenue growth expectations to 2%-4%, down from the previous 2%-6%. Organic revenue is now expected to be flat to up 2%, compared to the prior view of flat to up 3% year-over-year.
June 26, 2024 | 8:11 pm
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H.B. Fuller has lowered its FY24 net revenue growth expectations to 2%-4% from the previous 2%-6%, and organic revenue growth to flat to up 2% from flat to up 3% year-over-year.
The downward revision in revenue growth expectations suggests potential challenges in achieving higher sales, which could negatively impact investor sentiment and short-term stock price.
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