{
  "report_rows": [
    {
      "kpi": "Adjusted EPS (Q4 FY26)",
      "prediction": "IN-LINE",
      "answer": "pred ~$1.51 vs. cons ~$1.50",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "U.S. Broadline local case volume (Q4 FY26)",
      "prediction": "BEAT",
      "answer": "pred ~+2.8% vs. cons ~+2.5%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Net sales (Q4 FY26)",
      "prediction": "IN-LINE",
      "answer": "pred ~$22.0B vs. cons ~$21.9B",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2027 adjusted EPS guide (standalone, ex-Jetro)",
      "prediction": "LOWER",
      "answer": "guide ~$4.85 vs. cons ~$4.95 (FY2027)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2027 net sales guide (standalone)",
      "prediction": "UNCHANGED",
      "answer": "guide ~$88B vs. cons ~$87.8B (FY2027)",
      "confidence": "LOW"
    },
    {
      "kpi": "FY2027 local case volume momentum",
      "prediction": "BETTER",
      "answer": "guide ~+3% vs. cons ~+2.5% (FY2027)",
      "confidence": "LOW"
    },
    {
      "kpi": "Jetro/Restaurant Depot deal close timeline",
      "prediction": "UNKNOWN",
      "answer": "guide close ~Q3 FY27 vs. cons ~Q3 FY27 (FY2027)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": -1.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -2.5,
  "day5_path": "FADE",
  "day5_rationale": "Numbers are pre-baked and stock has round-tripped to ~$85 (near highs), so a clean ~$1.51/$4.60 print with local volume >2.5% is already discounted. The standalone FY27 guide is the swing factor and carries a negative optics load: the suspended ~$800M buyback removes ~$0.10 of EPS while Jetro dilution isn't yet in the base, so an initial FY27 EPS anchor around $4.85 likely sits below the ~$4.95 consensus, pulling out-year estimates down even if Q4 beats. Combined with Jetro regulatory/CFO overhang and stretched expectations, residual drifts modestly lower over the week as sell-side trims FY27.",
  "day5_confidence": "LOW"
}