Apogee Enterprises Reaffirmed FY25 Outlook For Net Sales To Decline 4% to 7%
Portfolio Pulse from Benzinga Newsdesk
Apogee Enterprises has reaffirmed its FY25 outlook, projecting a decline in net sales by 4% to 7%.
June 27, 2024 | 10:38 am
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Apogee Enterprises has reaffirmed its FY25 outlook, projecting a decline in net sales by 4% to 7%. This indicates potential challenges in the company's market environment or operational issues.
The reaffirmation of a decline in net sales suggests that Apogee Enterprises is facing ongoing challenges that could negatively impact its financial performance. Investors may react negatively to this outlook, leading to a potential short-term decline in the stock price.
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