H.B. Fuller (FUL) Misses Q2 EPS by 11c
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H.B. Fuller Reports Second Quarter 2023 Results
June 28, 2023 4:05 PM EDTNet income of $40 million; Adjusted EBITDA of $143 million, at the mid-point of Company guidance
Adjusted gross profit margin expanded 330 basis points year-on-year to 29.0%
Adjusted EBITDA margin increased 190 basis points year-on-year to 15.9%
Cash flow from operations increased $94 million year-on-year
ST. PAUL, Minn.--(BUSINESS WIRE)-- H.B. Fuller Company (NYSE: FUL) today reported financial results for its second quarter that ended June 3, 2023.
Second Quarter 2023 Noteworthy Items:
Net revenue of $898 million, down 9.6% year-on-year;... More