“Given trends to date and our expectations for the balance of the quarter, we believe second quarter comparable net sales growth will be towards the higher end of our full-year outlook range of 3% to 5%. Over the balance of fiscal 2025, the company expects to mitigate the earnings impact of the cost pressures it faces, including higher tariffs. In the near-term, it does expect to see some earnings volatility based on the timing of the various inputs and outputs to the company’s financial results. As such, we expect second quarter adjusted EPS from continuing operations could be down as much as 45 to 50 percent year-over-year before re-accelerating in the third and fourth quarters to meet our full-year earnings outlook.”
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