Pinstripes Holdings Updates FY25 guidance; Sees Adj. EBITDA $8M - $12; Mature Store Venue-Level Margin 17% - 20%
Portfolio Pulse from Benzinga Newsdesk
Pinstripes Holdings has updated its fiscal year 2025 guidance, projecting an adjusted EBITDA between $8 million and $12 million. The company also anticipates a mature store venue-level margin ranging from 17% to 20%.
September 04, 2024 | 8:37 pm
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Pinstripes Holdings has provided updated guidance for FY25, expecting adjusted EBITDA of $8M-$12M and mature store margins of 17%-20%. This indicates a positive outlook for the company's financial performance.
The updated guidance suggests a positive financial outlook for Pinstripes Holdings, with expected growth in EBITDA and healthy margins. This is likely to boost investor confidence and positively impact the stock price in the short term.
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