Impact of Additional Week on Net Sales
30
30
TE
connectivity
Reconciliation of Forward-Looking Non-GAAP Financial Measures
to Forward-Looking GAAP Financial Measures
Outlook for
Quarter Ending
September 29,
Outlook for
2023 (1)
Fiscal 2023 (1)
Diluted earnings per share from continuing operations
Restructuring and other charges, net
$
1.63
0.10
Acquisition-related charges
0.02
Adjusted diluted earnings per share from continuing operations
(2)
$
1.75
Net sales growth (decline)
(8.2) %
Impact of additional week in fiscal 2022 (3)
6.9
Net sales growth (decline) excluding the impact of the additional week in fiscal 2022
Translation
(2)
(1.3)
(1.7)
(Acquisitions) divestitures, net
0.2
Organic net sales growth (decline) excluding the impact of the additional week in fiscal 2022
(2)
(2.8) %
Effective tax rate
Effective tax rate adjustments
(4)
Adjusted effective tax rate
(2)
18.7 %
0.3
17.7 %
1.4
19.0 %
19.1 %
(1) Outlook is as of July 26, 2023.
(2) See description of non-GAAP financial measures.
(3)
The impact of an additional week in the fourth quarter of fiscal 2022. The impact of the additional week was estimated using average sales for the
fourth quarter of the fiscal year.
(4) Includes adjustments for special tax items and the tax effect of acquisition-related charges and net restructuring and other charges, calculated based
on the jurisdictions in which the expense (income) is incurred and the tax laws in effect for each such jurisdiction.View entire presentation