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Stock impact report

The AZEK Company Announces Preliminary Second Quarter and Year-To-Date Fiscal 2024 Results; Raising Fiscal 2024 Outlook [Yahoo! Finance]

The AZEK Company Inc. Class A (AZEK) 
Company Research Source: Yahoo! Finance
Growth Initiatives, including New Product Introductions, Consumer Engagement and Shelf Space Gains in Residential Pro and Retail Channels Driving Sustained Business Growth and Material Conversion PRELIMINARY FINANCIAL RESULTS For the three months ended March 31, 2024, AZEK expects to report results, including: Consolidated Net Sales of $418.4 million, representing 11% year-over-year growth Adjusted Net Sales excluding results for Vycom increased 17% year-over-year Residential Segment Net Sales of $402.5 million, representing 18% year-over-year growth For the six months ended March 31, 2024, AZEK expects to report results, including: Consolidated Net Sales of $658.9 million, representing 11% year-over-year growth Adjusted Net Sales excluding results for Vycom increased 19% year-over-year Net income in the range of $74 to $75 million Net profit margin in the range of 11.2% to 11.4% Adjusted EBITDA in the range of $167 to $169 million Adjusted EBITDA margin in th Show less Read more
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