The investigation centers on a discrepancy between the company's April 27, 2026, Form 10-K filing and its subsequent quarterly performance. While the report cited net sales of $83.17 billion for the fiscal year ending February 28, 2026, the company's consolidated revenue was reported at approximately $24.94 billion. This inconsistency, coupled with a disappointing Q1 earnings report, prompted the firm to slash its full-year adjusted earnings per share outlook to a range of $1.75 to $1.85.

Levi & Korsinsky is now reviewing potential violations of securities laws to determine if these financial disclosures caused investors to purchase shares under false pretenses. The firm is currently soliciting brokerage statements and trade confirmations from shareholders who incurred losses during this period. Participation in the investigation is open to all investors regardless of the size of their financial loss or whether they currently retain their holdings, with the firm operating on a contingency basis that requires no upfront costs.