ancial Guidance
The Company updated its financial guidance for 2021 to reflect the improved business trends and the acquisition of Dreams, which is expected to close in early August. For the full year, the Company currently expects net sales growth to exceed 35% over prior year, with adjusted EPS(1) between $3.10 and $3.25. The midpoint of this guidance implies an increase of 64% from the Company’s prior year adjusted EPS(1) of $1.94 and a 2021 adjusted EBITDA(1) of approximately $1.1 billion.
The Company noted that its expectations are based on information available at the time of this release, and are subject to changing conditions, many of which are outside the Company’s control.
