Superior Industries Trims FY19 Net Sales Outlook - Quick Facts

(RTTNews) - While reporting financial results for the second quarter, aluminum wheel supplier Superior Industries International, Inc. (SUP) on Thursday trimmed its net sales guidance for the full-year 2019.

For fiscal 2019, the company now projects net sales in the range of $1.39 billion to $1.44 billion, driven by unit shipments of 19.5 million to 19.9 million, compared to the previous outlook for net sales in the range of $1.42 billion to $1.47 billion on unit shipments of 19.85 million to 20.30 million.

On average, 5 analysts polled by Thomson Reuters expect the company to report net sales of $1.43 billion for the year.