While reporting financial results for the third quarter on Thursday, aluminum wheel supplier Superior Industries International, Inc. (SUP) slashed its net sales guidance for the full-year 2024.
For fiscal 2024, the company now project net sales in a range of $1.25 billion to $1.33 billion, down from the prior forecast range of $1.35 billion to $1.41 billion. On average, analysts polled by Thomson Reuters expect the company to report net sales of $1.38 billion for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.