Jun. 11 at 12:13 PM
$ASO anyone else in lala land this is for you:
Margin Compression
EPS decline accelerated even as gross margin rose — SG&A is a problem.
Inventory
Still climbing — risk of future markdowns persists.
Operational performance is slipping beneath the surface.
EPS deterioration continues quarter after quarter.
Guidance remains cautious, with increased tariff and demand uncertainty.