Full Fiscal Year 2025(3,4) Outlook:
- Net sales expected to increase 8.5% to 10.5%
- OWYN full fiscal year 2025 Net Sales expected to be in the $135-145 million range
- Adjusted EBITDA(3) expected to increase 4% to 6%
- The fifty-third week in the fiscal 2024 comparison year is about a 2-percentage point headwind to both Net Sales and Adjusted EBITDA growth in full year fiscal 2025 and is incorporated in the outlook above
- Assuming a comparable full year of OWYN results are included in fiscal 2024, as well as the exclusion of the fifty-third week in fiscal 2024, fiscal 2025 is expected to be in line with the Company's long-term algorithm; net sales growth in the 4-6% range and Adjusted EBITDA growth slightly greater than the net sales increase