Cost PressuresRecord-high metal prices and tariff pressures contributed to the outsized quarterly decline, though performance remained within the company’s midterm target range.
EBITDA GuidanceStock softness likely due to lowered FY25 EBITDA guidance and tariff/spot rate headwinds.
Margin GuidanceManagement lowered its adjusted EBITDA margin guide to 2%-3% from 3%-4%, citing persistent headwinds from rising metal prices and tariffs, partly offset by ongoing marketing leverage.