Narrows FY25 adjusted operating profit view to $1.23B-$1.33B from $1.15B-$1.35B. Lowers FY25 capital expenditures view to $350M-$400M from $400M-$500M. Backs FY25 effective tax rate view 23%-25%. Smith added, “By staying true to our strategies and delivering on our commitments, we are able to increase the mid-point and tighten the range of our full year adjusted operating profit outlook. With a strong balance sheet and financial position, we remain focused on driving growth and increasing shareholder value over the long term.”
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