Not long ago, this retailer was a Wall Street darling—riding the pandemic wave all the way to record highs.

But a perfect storm of retail theft, supply chain messes, political controversy, and weak earnings sent the stock crashing over 50% from its peak.

Now it’s trading near COVID-era lows… and analysts are slashing expectations.

The situation sets the stage for a classic earnings surprise.

With back-to-school shopping and a major promotional event on the horizon, this setup could fuel a fast 20–30% pop in share price.