Third quarter net sales declined 1.8% year-over-year to $1.95 billion, with net earnings and operating profit also down. Adjusted EBITDA for the quarter fell 5.0%, but nine-month Adjusted EBITDA rose 6.9%. Fiscal 2026 Adjusted EBITDA guidance was narrowed, and 2027 is expected to be flat after adju…
Third quarter net sales declined 1.8% year-over-year to $1.95 billion, with net earnings and operating profit also down. Adjusted EBITDA for the quarter fell 5.0%, but nine-month Adjusted EBITDA rose 6.9%. Fiscal 2026 Adjusted EBITDA guidance was narrowed, and 2027 is expected to be flat after adjusting for non-recurring items.
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