Operations & ExecutionAn internal systems disruption that led to lost shelf space, combined with volatile retailer ordering patterns from severe weather, has undermined sales momentum and increased uncertainty about execution.
Promotions & MarginsElevated industry promotional intensity and a return to normalized promotions as capacity eases are likely to compress gross margins and pressure profitability.
Revenue OutlookA lower-than-expected revenue outlook, especially during the company's seasonally strongest period, removes an expected cushion and raises downside risk to near-term estimates.