{
  "report_rows": [
    {
      "kpi": "Adjusted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$1.53 vs. cons $1.47",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Net sales",
      "prediction": "MISS",
      "answer": "pred ~$2.09B vs. cons $2.12B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Adjusted gross margin",
      "prediction": "BEAT",
      "answer": "pred ~43.8% vs. cons 43.1%",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY26 organic constant-currency net sales growth",
      "prediction": "UNCHANGED",
      "answer": "guide ~3.0% midpoint vs. cons 3.1% (FY2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "FY26 adjusted EPS",
      "prediction": "UNCHANGED",
      "answer": "guide ~$8.36 midpoint vs. cons $8.37 (FY2026)",
      "confidence": "HIGH"
    },
    {
      "kpi": "Second-half adjusted gross-margin expansion",
      "prediction": "UNCHANGED",
      "answer": "guide ~525 bps vs. cons 520 bps (2H2026)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": -2.1,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -3.4,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "A ~$1.53 vs. $1.47 quarterly EPS beat is likely viewed as mix/cost-timing driven against a ~$2.09B vs. $2.12B sales miss. Retaining ~$8.36 versus $8.37 FY26 EPS and ~3.0% versus 3.1% organic-sales expectations leaves a larger second-half sales and activation burden; out-period revenue/EPS estimates should drift lower despite gross-margin delivery.",
  "day5_confidence": "MEDIUM"
}