Hydrofarm Sees FY24 Net Sales To Decrease Low To High Teens In Percentage Terms, Tracking Toward The Middle Of The Range
Hydrofarm Sees FY24 Net Sales To Decrease Low To High Teens In Percentage Terms, Tracking Toward The Middle Of The Range
Hydrofarm's 2024 outlook also includes the following updated assumptions:Reaffirms Full Year 2024 Outlook on Key Metrics
重申2024年全年關鍵指標前景
The Company is reaffirming its full year 2024 outlook on Key Metrics:
公司正在確認其2024年主要指標的全年展望:
- Net sales to decrease low to high teens in percentage terms, tracking toward the middle of the range.
- Adjusted EBITDA(1) that is positive.
-
Free Cash Flow(1) that is positive.
- 淨銷售額在百分比方面將下降低至兩位數高位，目標定在區間中部。
- 調整後的EBITDA（1）爲正。
- 自由現金流（1）爲正。
Hydrofarm's 2024 outlook also reaffirms the following assumptions:
hydrofarm的2024年展望也確認以下假設:
- Reduced year-over-year Adjusted SG&A(1) expense resulting primarily from (i) full year benefit of headcount reductions completed in 2023 and (ii) reductions in professional fees, facilities and insurance expenses.
- Reduction in inventory and net working capital helping to generate positive Free Cash Flow(1) for the full year.
- 由於（i）2023年完成減少人員數量所帶來的全年效益和（ii）專業費用、設施和保險費用的降低，導致逐年調整後的SG&A（1）費用降低。
- 庫存和淨營運資本的減少有助於爲全年創造正的自由現金流（1）。
Hydrofarm's 2024 outlook also includes the following updated assumptions:
hydrofarm的2024展望還包括以下更新的假設:
- Adjusted Gross Profit Margin(1) that is flat to slightly down compared to the prior year. This is an update to the prior expectation of a year-over-year improvement.
- Capital expenditures of $2.5 million to $3.5 million, compared to the prior expectation of $3.5 million to $4.5 million.
- 調整後的毛利潤率(1)與去年相比持平或略有下降。這是對先前年度改善預期的更新。
- 資本支出爲250萬至350萬美元，而先前預期爲350萬至450萬美元。
(1) Adjusted Gross Profit, Adjusted Gross Profit Margin, Adjusted SG&A, Adjusted SG&A as a percent of net sales, Adjusted EBITDA, and Free Cash Flow are non-GAAP measures. For reconciliations of GAAP to non-GAAP measures see the "Reconciliation of Non-GAAP Measures" accompanying the release.
(1) 調整後的毛利潤、調整後的毛利潤率、調整後的銷售和行政費用、調整後的銷售和行政費用佔淨銷售額的比例、調整後的息稅折舊及攤銷前利潤(EBITDA)和自由現金流都是非通用會計準則（Non-GAAP）指標。有關通用會計準則轉非通用會計準則的調節，請參閱隨附發佈的「非通用會計措施協調」。
譯文內容由第三人軟體翻譯。
