GAAP profit outlook corrected to $142–150 million after tax adjustment

This is a correction, not a fresh operating update. The company reaffirmed its fiscal 2026 outlook and changed only GAAP net income to account properly for taxes tied to a second-quarter tariff refund; every other outlook metric remains unchanged (Management outlook clarification).

The corrected GAAP net income range is $142–150 million. The filing says the earlier same-day update omitted the refund’s related tax impact, so the revised figure reflects the net benefit rather than the gross refund (Management outlook clarification).

Against expectations, the signal is essentially neutral. This filing does not introduce new sales, margin, cash-flow, or store-growth information, and it does not change the broader outlook. It mainly fixes the accounting presentation of an already disclosed tariff-related benefit; the supplied filing does not provide enough information to quantify the difference from the erroneous range or establish a separate published consensus.