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Benzinga
Benzinga
Business
Anusuya Lahiri

Manchester United CEO Vows Resilience After Club Lowers 2026 Revenue Outlook

Manchester United MANU Omar Berrada Football
Warrington,Cheshire,Uk,-,April,11,2024:,Manchester,United,Logo

Manchester United (NYSE:MANU) shares fell on Wednesday after the English football club posted fourth-quarter results that missed market expectations.

The club reported quarterly net sales of 164.1 million pounds ($219.04 million), up from 142.2 million pounds a year earlier but below the Street’s estimate of $225.80 million. Total revenue rose 15.4%, lifted by stronger commercial and matchday income, though broadcasting revenue declined.

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