Interest Rate EnvironmentBroad-based uncertainty across various end-markets combined with the likelihood for a 'higher for longer' interest rate environment is expected to weigh on business investment and, in turn, WillScot’s volumes over the near term.
Macroeconomic UncertaintyContinued macroeconomic uncertainty likely points toward the lower end of management’s full-year guidance range.
Revenue And EBITDA GuidanceGuidance was lowered on both revenue and EBITDA for the full year to account for a deterioration in the business outlook in recent months.