As such, the firm offered a dismal outlook for fiscal 2025, calling for a sales decline of roughly 10% and a 30% contraction in EPS, as profitability gets whacked by substantial expense deleverage.

An ongoing deleverage story also supports this. Additionally, the whole company trades at an FWD EBITDA below 3x compared to a pre-COVID-19 historical range between 3.5x and 7.1x.

The partial payment of the 2028 Notes is part of the Company’s previously announced strategic initiative to deleverage its balance sheet. The repayment was funded by cash on hand.

Independence Contract Drilling, Inc. Announces Comprehensive Agreement to Deleverage Balance Sheet and Position the Company for Long-Term Success Published Dec 3, 2024 6:45am EST ...

With the housing market normalising during the current period and Domain’s cost structure having expanded since the pandemic, Domain has seen rapid operating deleverage.

Ashford Hospitality Trust, Inc. AHT has taken another step in its strategic plan to deleverage and optimize its portfolio. The Dallas, TX-based REIT announced a definitive agreement to sell the ...

Veranda Learning Solutions raises Rs 357.42 crore through its maiden QIP to reduce debt and fuel growth. The funds will be used to deleverage the balance sheet and invest in strategic initiatives.

A spokesperson on behalf of lenders under the credit facility commented. “We are pleased to have been able to come to an agreement with Canopy Growth that will strengthen its balance sheet and ...