Sees FY25 revenue, adjusting for the divestiture of the Flooring business, up 1% to up 2%, implying $3.61B-$3.64B, consensus $3.57B. Adjusted EBITDA for FY25 is expected to be in the range of $600 million to $625 million, equating to growth of approximately 1% to 5% year-on-year; Adjusted EBITDA for the first quarter of 2025 is expected to be in the range of $105 million to $115 million; Operating cash flow in fiscal year 2025 is expected to be between $300 million and $325 million; Capital expenditures of approximately $160 million are expected in fiscal 2025, which includes approximately $40 million related to the Company’s manufacturing footprint consolidation initiative.
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