Financial reporting

Nautilus drops FY outlook on challenging macro, retail trends

By 2022-11-10T16:18:00

Nautilus

While still expecting to achieve sales and profit improvement in its second half due to seasonality and higher advertising to drive demand, Nautilus lowered its second-half and FY outlook yesterday on current macroeconomic and retail concerns. The fitness equipment and technology company cut its annual revenue range forecast by 17-20 ...

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