Global Economic Growth & Business Confidence: Downgraded global growth forecasts by the IMF and ongoing Middle East conflict could reduce corporate advertising and infrastructure spending, impacting demand for Daktronics' digital billboards and displays for commercial and live event venues. This could lead to fewer new projects and slower sales growth.

Oil Prices & Supply Chain Costs: Elevated oil prices, exacerbated by geopolitical tensions in the Middle East, can increase manufacturing and shipping costs for Daktronics. As a manufacturer and installer of large-scale display systems, higher raw material and logistics expenses could compress the company's profit margins.

Consumer & Event Spending: A strong US job market, evidenced by 178,000 jobs added in March and an unemployment rate of 4.3%, could support healthy consumer spending on live events such as sports and concerts. This trend could positively influence demand for Daktronics' scoreboards and venue displays, particularly for its Live Events segment, offsetting some global economic headwinds.