Net Sales

Approximately +2.5% increase (from 1,097,854K to 1,125,567K)

The modest increase in net sales reflects a gradual improvement in customer demand and possibly continued contributions from new outlets and comparable store sales gains, building on the previous period’s performance. " "

Gross Profit

Approximately +5.7% increase (from 323,880K to 342,445K)

Gross profit grew due to increased sales volume and improved cost management, which helped offset margin pressures relative to the previous period, resulting in a rise of roughly 18,565K. " "

Operating Income

Swing from a profit of 11,373K to a loss of 22,508K

This dramatic deterioration is driven by significant restructuring costs, increased SG&A expenses, and external operational pressures that starkly contrast with the healthier margins seen in the previous period. " "

Net Income

Shift from a positive 2,311K to a loss of 23,317K

A severe drop in net income is largely due to the impact of operating losses, elevated restructuring charges, and higher interest expenses, which have compounded to reverse the previous period’s modest net income gains. " "

Basic EPS

Declined from $0.02 to -$0.24

The significant erosion in EPS is directly linked to the net loss experienced in Q1 2026, where increased operating and restructuring expenses drastically impacted earnings compared to the previous period. " "

Cash & Cash Equivalents

Declined by approximately 19% (from 62,828K to 50,910K)

The reduction in cash reserves reflects the strain from net losses and increased cash outflows related to operational and restructuring activities, marking a deterioration in liquidity relative to the previous period. " "

Total Liabilities

Increased by about 6% (from 1,976,437K to 2,091,858K)

Rising liabilities are likely due to additional borrowings and accrual of restructuring-related liabilities, which have raised the company's leverage compared to the previous period’s lower liability base. " "