Cost RestructuringCost restructuring has already begun, including targeted reductions in field sales headcount, ultimately culminating in $75 million in annualized cost savings exiting 2026.
Operational LeverageThe stronger bottom-line outlook is being driven by a formalized 'strategic business transformation' plan, which is designed to drive operational leverage from initiatives such as network and asset optimization.
Turnaround StrategyManagement set the stage for what is likely to be a multiyear turnaround focused on delivering sustainable profitable long-term growth.