Q2 FY2026 EarningsQ2 FY26 results missed consensus across key financial metrics, with revenue of $3.41B vs. $3.48B expected and Adj. EPS of $0.67 vs. $0.71 expected. While North America organic growth turned positive (+0.5%) for the first time in nine quarters, the Europe segment significantly underperformed due to a disruptive ERP implementation in Germany. Management sharply lowered FY26 guidance, cutting Adj. EPS mid-point from $3.05 to $2.75 and reducing organic revenue growth targets, reflecting a slower recovery pace in European operations.