Zevia Continues To Expect FY24 Net Sales Of $158M - $166M, Est $162.365M
Portfolio Pulse from Benzinga Newsdesk
Zevia continues to expect FY24 net sales in the range of $158M to $166M, aligning with the estimated $162.365M.
August 07, 2024 | 11:30 am
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POSITIVE IMPACT
Zevia has reaffirmed its FY24 net sales forecast between $158M and $166M, which aligns with the market estimate of $162.365M. This consistency in guidance suggests stability in the company's revenue expectations.
The reaffirmation of the sales forecast within the expected range indicates that Zevia is on track with its revenue goals, which is a positive signal for investors. This stability can lead to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100