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Posted by
Two Blokes May 6 -
Filed in
Stock
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Net sales of $662.9 million driven by organic growth of 1.4%, offset by currency headwinds of 1.7%, resulting in the fourth consecutive quarter of organic revenue growth.1 Gross margin for the second quarter was 39.1% and 40.8% as adjusted, a 30 bps improvement over prior year Adjusted Gross margin.1 Delivered Net Earnings of $28.3 million, or $0.39 per share, Adjusted Earnings per share of $0.67 and Adjusted EBITDA of $140.3 million.1 The Company expects limited direct impact from tariffs to fiscal 2025 results due to already completed sourcing shifts and pricing actions. The Company expects a more cautious consumer over the balance of the year, and now expects fiscal 2025 organic Net sales in the range of flat to up 2% and Adjusted EBITDA and Adjusted earnings per share in the ranges of $610 to $630 million and $3.30 to $3.50, respectively.1 ST.
