2024-04-26 09:02:24 ET
Revenue has declined, with net sales down 9% in Q1 2024 compared to 2023 due to lower prices. Operating expenses include $46 million in restructuring costs, impacting the net income margin at 5.6%. Management is focusing on organic growth and strategic investments while addressing market risks through financial analysis. No changes in internal control were identified. Despite challenges, the company aims to drive earnings growth and shareholder value through its portfolio. Economic fluctuations ... Full story available on KlickAnalytics.com