Savers Value Village Cuts FY24 Net Sales From $1.57B-$1.59B To $1.53B-$1.56B Vs $1.574B Est.
Portfolio Pulse from Benzinga Newsdesk
Savers Value Village has revised its FY24 net sales forecast downwards from $1.57B-$1.59B to $1.53B-$1.56B, compared to the $1.574B estimate.
August 08, 2024 | 8:41 pm
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Savers Value Village has lowered its FY24 net sales forecast to $1.53B-$1.56B from $1.57B-$1.59B, which is below the $1.574B estimate.
The downward revision in net sales forecast indicates potential challenges in revenue generation, which could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100