Backs FY24 revenue view $4.3B-$4.35B, consensus $4.35B. Backs FY24 revenue view $252M-$260M. narrows FY24 comparable store sales view to up 3.5% from up 3.5%-4.5%. Raises FY24 capital expenditures view to $200M from $175M. The company said, “As previously announced, on April 1, 2024, the Company completed the acquisition of United Grocery Outlet for the total purchase consideration of $62.8 million, including $2.0 million of cash and cash equivalents on hand, subject to post-closing adjustments, and was funded with cash on hand.”
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