Central European (CEDC) Lowers FY09 Guidance
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Central European Distribution Corporation (Nasdaq: CEDC) is revising FY09 net sales guidance from $1.55-$1.68 billion to $1.58 - $1.70 billion and full year comparable fully diluted earnings per share guidance from $2.40 - $2.65 to $2.35 - $2.50. The consensus is $1.66 billion and $2.47, respectively.
The Company also announced full year 2010 net sales guidance of $1.80-$2.00 billion and full year comparable fully diluted earnings per share guidance of $3.00-$3.15. The consensus is $1.94 billion and $3.01, respectively.
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