{
  "report_rows": [
    {
      "kpi": "Daily sales growth",
      "prediction": "BEAT",
      "answer": "pred ~11.2% vs. cons 9.8%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Gross margin",
      "prediction": "MISS",
      "answer": "pred ~44.3% vs. cons 44.8%",
      "confidence": "HIGH"
    },
    {
      "kpi": "Diluted EPS",
      "prediction": "MISS",
      "answer": "pred ~$0.30 vs. cons $0.31",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Price/cost and gross-margin trajectory",
      "prediction": "LOWER",
      "answer": "guide ~-20 bp price/cost headwind vs. cons ~0 bp (3Q26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY26 incremental operating-margin commentary",
      "prediction": "LOWER",
      "answer": "guide ~27% incremental operating margin vs. cons 28% (FY26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY26 net capital expenditures",
      "prediction": "UNCHANGED",
      "answer": "guide ~$320M vs. cons $320M (FY26)",
      "confidence": "HIGH"
    }
  ],
  "day1_residual_pct": -4.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -6,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "The sales beat is likely to be outweighed by a ~50 bp gross-margin miss and a ~1 percentage-point reduction in implied FY26 incremental-margin expectations; out-period EPS revisions should move lower even if reported sales exceed consensus.",
  "day5_confidence": "MEDIUM"
}