• Adjusted EPS of $0.31 fell short of the $0.43 consensus estimate and decreased from $0.42 a year ago, even as revenue remained flat at $1.01 billion.
  • Margin compression and weakness in the Americas retail business weighed on the bottom line, overshadowing continued growth in digital channels.
  • The company reduced its full-year guidance, further dampening investor sentiment following the earnings miss and ongoing profitability concerns.