RE:RE:RE:Shorts Have 5 Trading Sessions to CoverLower guidance is not in the cards? Please explain?
When sales of $600milUSD come from the UK and the GBP is down 20%. What do you think you I'll happen to the guidance in the second have of the year? Sales guidance will be revised down. Face it.
EBITDA impact will be much smaller as the costs associated with those UK sales are demo jger in GBP and other European currencies. But EBITDA guidance will also likely be lowered for second half of year but to a much lesser stent than sales guidance.
Debt will be down from unrealized translation gains from ththe GBP demonized debt so thei debt guidance will likely change as well. But this one will be a positive revision.
cavinsin wrote: dream on select, lower guidance is not in the cards, do not cover until next Friday, you will do well f.. id...t. payed basher