ADS Cuts FY2027 Sales Outlook After Lower-Than-Expected Material Inflation
Photo: TokenPost
Advanced Drainage Systems lowered its fiscal 2027 net sales outlook Thursday, Nov. 5, after material inflation came in below the level anticipated in its earlier forecast, reducing planned price increases. The revised sales midpoint is $100 million below the previous midpoint, while the adjusted EBITDA midpoint is down $10 million. The company now forecasts net sales of $3.3 billion to $3.4 billion for fiscal 2027, compared with $3.35 billion to $3.55 billion previously. That puts the new sales midpoint at $3.35 billion, down 2.9% from the old midpoint of $3.45 billion.
Source: TokenPost
