Revenue fell 6% to $144.4 million, barely meeting analyst forecasts, while total same-store sales—including direct-to-consumer channels—contracted by 8.7%. Despite the top-line struggle, adjusted per-share earnings reached 45 cents, edging past the 42-cent consensus estimate provided by FactSet.
Chief Executive Mary Ellen Coyne maintained a positive outlook, citing early signs that the company’s current strategy is gaining traction. Looking ahead, management projects second-quarter revenue to dip between 1% and 3%, with same-store sales expected to decline by 2% to 4%. The company reaffirmed its financial guidance for the remainder of the fiscal year.





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