Financial Outlook
For Full-Year 2023, the Company now expects:
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Net Revenues Growth as Compared to 2022 |
5.5% to 7.5% |
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Adjusted EBITDA Margin(2)(4) |
12.5% to 13.5% |
Daniella Turenshine, Chief Financial Officer, commented, “We delivered better than expected results in the second quarter while making progress in getting inventory back to normalized levels and generating strong free cash flow. We plan to continue to leverage our strong balance sheet and free cash flow generation to invest in future growth.”
