May 7 (Reuters) - Rockwell Automation cut its full-year profit and sales growth forecast on Tuesday and announced that its CFO would retire, sending its shares down about 5% in premarket trade.

"We are not yet seeing the accelerated order ramp this fiscal year and are reducing our full-year guidance," Rockwell's CEO Blake Moret said.

Milwaukee, Wisconsin-based Rockwell, which manufactures industrial automation equipment, had hoped to cash in on demand from manufacturers across the globe racing to modernize their factories amid labor shortages.

However, supply chain constraints have bogged down manufacturers by reducing their ability to accelerate output.

The company said on Tuesday its CFO Nicholas Gangestad would retire, and that the search for a successor was underway.

Gangestad will continue to serve in his role until the new CFO is appointed.

The company now expects its full-year adjusted profit per share to be between $10 and $11 compared with its prior outlook of between $12 and $13.50.

Rockwell expects its reported sales in 2024 to be down between 4% and 6%, compared with its previous expectation of a growth between 0.5% and 6.5%.

On an adjusted basis, Rockwell earned $2.5 per share in the second quarter ended March 31, compared with $3.01 per share a year earlier. (Reporting by Nathan Gomes in Bengaluru; Editing by Mrigank Dhaniwala)

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