Columbus McKinnon Reaffirms FY25 Guidance; Low-Single Digit Net Sales Growth Y/Y, Mid To High-Single Digit Adjusted EPS Growth Y/Y
Portfolio Pulse from Benzinga Newsdesk
Columbus McKinnon has reaffirmed its FY25 guidance, projecting low-single digit year-over-year net sales growth and mid to high-single digit year-over-year adjusted EPS growth.
July 31, 2024 | 12:05 pm
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Columbus McKinnon has reaffirmed its FY25 guidance, indicating low-single digit net sales growth and mid to high-single digit adjusted EPS growth year-over-year.
Reaffirming guidance generally provides stability and confidence to investors, likely leading to a positive short-term impact on the stock price. The projected growth in both net sales and adjusted EPS is a positive indicator for the company's financial health.
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