Advertisement
Advertisement

Standard Motor raises FY25 revenue view to low-to-mid 20’s percent range

The company said, “We are raising our full year sales growth guidance to the low-to-mid 20’s % range, from the low 20’s% range, and are tightening our adjusted EBITDA margin outlook to 10.5% – 11%, from a prior range of 10%-11%. As a reminder, we acquired Nissens on November 1, 2024, and as such the sales growth guidance includes a partial quarter of ownership in the comparable sales. Also note that our revised guidance now includes the impact of tariffs as they stand as of the end of the third quarter and includes both pricing and other mitigating actions to offset higher costs. While passing through tariff pricing at our cost creates margin rate compression, we’re pleased to see sales growth and other initiatives offset this headwind and allow us to raise our EBITDA guidance.

Meet Your ETF AI Analyst

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1