BRIEF — Daktronics Announces Implementation Actions For Strategic Structural Cost Reduction

Oct 14 (Reuters) — Daktronics Inc: Daktronics Announces Implementation Actions For Strategic Structural Cost Reduction And Manufacturing Optimization Daktronics - To Exit Ireland Manufacturing Facility, Closure Expected By Mid-fiscal 2028 Daktronics - Expects $15.80 Million Non-recurring Pre-tax Restructuring Charges, $7 Million In Q2 Fiscal 2027 Daktronics - Initiates Realignment Of Manufacturing Capabilities Across U.s., Mexico, And China Operations Daktronics - Ireland Action Expected To Generate $7.70 Million Annualized Pre-tax Savings Daktronics - To Exit Highly Customized Portions Of International Transportation Business Representing 1.5% Of Revenue Daktronics - To Close Hong Kong And Macau Offices, Expects $0.30 Million Annualized Savings Daktronics: Actions Expected To Generate Annualized Incremental Pre-tax Savings Of Over $18.0 Million At Full Run Rate Reached During Fiscal 2028 Source text:... Further company coverage: DAKT.O (Reuters.Briefs@thomsonreuters.com;)