The complaint centers on claims that the company concealed significant inventory management failures, reduced demand, and rising costs during the specified period. Plaintiffs argue that leadership downplayed the severity of these headwinds, rendering the company’s fiscal year 2025 financial guidance unreliable. By allegedly overstating the sustainability of its business model, the firm misled the market about its true financial standing.

Those who purchased shares during this timeframe and suffered losses are eligible to participate in the litigation. Shareholders interested in serving as a lead plaintiff or seeking further information regarding their legal rights should contact attorney Charles Linehan at Glancy Prongay Wolke & Rotter LLP. Participation at this stage is optional, as investors may choose to retain their own counsel or remain as absent members of the class.