Apogee Enterprises Reaffirmed FY25 Outlook For Net Sales To Decline 4% to 7%
Portfolio Pulse from Benzinga Newsdesk
Apogee Enterprises has reaffirmed its fiscal year 2025 outlook, expecting net sales to decline by 4% to 7%.
October 04, 2024 | 10:16 am
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NEGATIVE IMPACT
Apogee Enterprises has reaffirmed its fiscal year 2025 outlook, projecting a decline in net sales by 4% to 7%. This indicates potential challenges in revenue growth for the company.
The reaffirmation of a decline in net sales by 4% to 7% for FY25 suggests that Apogee Enterprises is facing challenges in maintaining its revenue levels. This negative outlook is likely to impact investor sentiment and could lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100