Brief: Textron Inc - Pursuing Strategic Alternatives For Powersports Product Line

Textron

18/12/2024 13:36

Dec 18 (Reuters) - Textron Inc  TXT.N :
    * PURSUING STRATEGIC ALTERNATIVES FOR POWERSPORTS PRODUCT
LINE
    * PRETAX SPECIAL CHARGES EXPECTED TO INCREASE TO $190
MILLION-$205
MILLION
    * TSV PAUSES POWERSPORTS PRODUCTION FOR STRATEGIC REVIEW
    * EXPECTS INVENTORY VALUATION CHARGE OF $30 MILLION-$40
MILLION
    * INVENTORY VALUATION CHARGE TO REDUCE 2024  EPS BY
$0.12-$0.16
    * PRETAX SPECIAL CHARGES TO BE RECORDED IN Q4

Source text:  ID:n0000217346-24-000094 
Further company coverage:  TXT.N 

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