| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
For fiscal year 2024, the Company is:
•Updating its net sales range expectations to $11.8 billion to $12.1 billion, reflecting lower-than-expected commodity markets, production disruptions at its Suffolk, Virginia, facility, and declines in its contract manufacturing business.
•Narrowing its expected diluted net earnings per share range to $1.45 to $1.51 (previously $1.45 to $1.55) and its adjusted diluted net earnings per share1 range to $1.57 to $1.63* (previously $1.55 to $1.65).
•Including an updated estimate of $0.06 per share impact related to production disruptions at its Suffolk, Virginia, facility. Furthermore, the Company is assessing the financial impact related to storm damage at its Papillion, Nebraska, facility.
•Assuming continued benefits to net earnings from its transform and modernize initiative.
| Fiscal 2024 Outlook | Current | Previous | ||||||
| Net Sales | $11.8 - $12.1 billion | $12.2 - $12.5 billion | ||||||
| Adj. Diluted Net Earnings per Share* | $1.57 - $1.63 | $1.55 - $1.65 | ||||||
| Effective Tax Rate | 22.0 - 23.0% | 22.0 - 23.0% | ||||||
Posted In: HRL
