{
  "report_rows": [
    {
      "kpi": "Q2'26 Adjusted diluted EPS",
      "prediction": "IN-LINE",
      "answer": "pred ~$3.58 vs. cons $3.55",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q2'26 Net sales",
      "prediction": "MISS",
      "answer": "pred ~$6.50B vs. cons $6.62B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Paint Stores Group sales (volume tell)",
      "prediction": "MISS",
      "answer": "pred ~$3.78B vs. cons $3.85B",
      "confidence": "LOW"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 Adjusted EPS guide",
      "prediction": "UNCHANGED",
      "answer": "guide ~$11.70 midpoint (reaffirm $11.50-$11.90) vs. cons $11.77 (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2026 Net sales growth guide",
      "prediction": "UNCHANGED",
      "answer": "guide ~+3% (low-to-mid single digit) vs. cons ~+4% (FY2026)",
      "confidence": "LOW"
    },
    {
      "kpi": "FY2026 raw-material inflation / gross-margin commentary",
      "prediction": "UNKNOWN",
      "answer": "guide ~mid-single-digit inflation vs. prior low-to-mid single digit (FY2026 H2)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": -1.5,
  "day1_confidence": "LOW",
  "day5_residual_pct": -3.0,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "EPS lands roughly in-line while revenue/volumes stay soft and management merely reaffirms an FY guide whose $11.70 midpoint sits below the $11.77 consensus. With propylene/raw-material inflation ramping into H2 and PSG volumes still weak, the reaffirm is implicitly a cut versus where the Street sits; out-period estimates drift lower and the ~5% pre-print bounce (July 23 $310.5 to $327.3) unwinds, so the modest day-1 downside follows through rather than reverses.",
  "day5_confidence": "LOW"
}