Cadre Holdings, Inc. Provides Earnings Guidance for the Full Year of 2024
March 06, 2024 at 02:45 am IST
Share
Cadre Holdings, Inc. provided earnings guidance for the full year of 2024. For the full year, the company expects to generate net sales in the range of $553 million to $572 million. Cadre has not provided net income guidance due to the inherent difficulty of forecasting certain types of expenses and gains, which affect net income but not Adjusted EBITDA.
Cadre Holdings, Inc. is engaged in manufacturing and distribution of safety products. The Company's equipment provides critical protection to allow users to perform their duties and protect those around them in hazardous or life-threatening situations. The Company's brands include Safariland and Med-Eng, among others. It sells a range of products, including body armor, explosive ordnance disposal equipment and duty gear through both direct and indirect channels. In addition, the Company provides equipment it manufactures as well as third-party products, including uniforms, optics, boots, firearms and ammunition. It also provides a diversified suite of capabilities, including ventilation and containment, engineered containers, field services and maintenance, advanced transportation containers, specialty filters, and radiometric instrumentation. Its products are used across federal, state and local law enforcement, explosive ordnance disposal teams, and emergency medical technicians.