Core Insights - The retailer reported weaker-than-expected quarterly adjusted earnings and sales, indicating potential challenges in its operational performance [1] - The company has revised its fiscal-year outlook downward, suggesting a more cautious approach to future expectations [1] Financial Performance - The quarterly adjusted earnings fell short of market expectations, reflecting a decline in profitability [1] - Sales figures also did not meet forecasts, indicating potential issues with consumer demand or inventory management [1] Outlook - The company has slashed its fiscal-year outlook, which may impact investor confidence and stock performance moving forward [1]