“Lastly, we continue to expect a fully diluted share count of approximately 56 million shares.”

In context

“in our ability to meet consumer demand. We expect our cash priorities for the coming year to remain on investing behind our five strategic imperatives and supporting strategic extensions. Now let’s turn to our raised outlook for fiscal ‘23. For the full year, we now expect net sales growth of approximately 14% to 16% versus prior year up from 10% to 12% previously. We expect adjusted EBITDA between $83.5 million to $85 million, up from $80.5 million to $82 million previously. We expect adjusted net income between $47 million and $48.5 million up from $43.5 million to $45.5 million previously. And adjusted EPS of $0.84 to $0.87 per diluted share up from $0.78 to $0.81 previously. We expect our fiscal ‘23 adjusted tax rate to be approximately 25% to 26% as compared to 27% to 28% previously. Lastly, we continue to expect a fully diluted share count of approximately 56 million shares. Let me provide you with additional color on our planning assumptions for fiscal ‘23. Starting with top line, our raised outlook reflects the outperformance in Q1 relative to our expectations in addition to pipeline related to the incremental space gains Tarang discussed. We continue to expect double digit top line growth in each quarter of fiscal ‘23. Turning to gross margin, we now expect our gross margin to be up approximately 100 basis points year-over-year as compared to our expectation for flat to slightly up previously. This is largely a result of our outperformance in Q1. We expect the combination of price increases, margin accretive mix and cost savings to offset elevated transportation costs. Turning now to adjusted EBITDA, our outlook now implies adjusted EBITDA growth of appro”