Central European Distribution Corp. (CEDC) Issues Q3 Revs Guidance, Affirms FY08 Outlook

October 27, 2008 9:34 AM EDT

Central European Distribution Corporation (Nasdaq: CEDC) sees Q3 sales in the range of $450-$455 million, versus the consensus of $434.33 million. Reaffirms its FY08 sales guidance of $1.65-$1.8 billion and EPS of $2.75-$2.95. The Street is expecting FY08 sales of $1.7 billion and EPS of $2.79.

Central European Distribution Corporation and its subsidiaries produce, distribute, import, and export alcoholic beverages in Poland and internationally. It produces and sells vodka.


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