Post-IPO P&L UnderperformancePost-IPO results fell short of the high early-expectation benchmark across the P&L, creating potential stock pressure as investors reassess near-term growth expectations.
Store Opening Delays And Landlord IssuesPlanned store openings slipped due to landlord-related delays, causing lost store weeks and lowering the anticipated revenue contribution from new units.
Timing-driven Non-comparable Revenue WeaknessTiming issues for new-unit rollouts weighed on non-comparable revenue streams, limiting expected top-line upside from expansion and increasing near-term operating uncertainty.