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Whole Earth Brands Lowers FY2023 Sales Guidance from $550M-$565M to $540M - $550M Vs. $552.78M Estimate

Author: Benzinga Newsdesk | November 09, 2023 08:34am

OUTLOOK

 

The Company has revised its outlook for the full year 2023 as follows:

  • Net Product Revenues: The Company now anticipates achieving revenues in the range of $540 million to $550 million (previously $550 million to $565 million)
  • Adjusted EBITDA: $77 million to $79 million (previously $76 million to $78 million)
  • Capital Expenditures: The Company now anticipates approximately $8 million (down from $9 million previously)

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