Earnings MomentumAnalysts anticipate further deceleration in earnings momentum, with comparable sales ranging between -2% and +1%, and increased investments in selling, general, and administrative expenses driving a contraction in adjusted operating income margin.
Peer Market EnvironmentRecent peer commentary was underwhelming with JD Sports signaling a more promotional environment amidst a 'challenging and volatile market'.
Sales VisibilityLimited visibility into future comparable sales and rising investments in selling, general, and administrative expenses to support new store growth and eCommerce keep analysts on the sidelines.