In addition, for fiscal 2024, the company updates its expectations as follows: Net new unit growth of at least 65 experience locations through a combination of corporately-managed, partner-operated, and franchised business models; Capital expenditures in the range of $18 million to $20 million; Depreciation and amortization in the range of $15 million to $16 million; Tax rate of approximately 24.5%, excluding discrete items.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.