BellRing Brands Raises FY24 Net Sales Outlook From $1.87B-$1.95B To $1.93B-$1.99B, Est $1.924B
Author: Benzinga Newsdesk | May 06, 2024 05:04pm
For fiscal year 2024, BellRing management has raised its guidance range for Adjusted EBITDA to $400-$420 million (from $375-$400 million) (resulting in net sales and Adjusted EBITDA growth of 16%-19% and 18%-24%, respectively, over fiscal year 2023). BellRing management expects fiscal year 2024 capital expenditures of approximately $4 million.
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