Excel Sheet is Showing the formula and not the results for Xlookup

I have been having trouble recently getting Xlookup to work.  

I put in the cell this formula:

=XLOOKUP(C2,[catalog.xlsx]Items!$F:$F,[catalog.xlsx]Items!$C:$C)

C2= is an SKU (text data) I want to match from a different sheet in the same workbook

[catalog.xlsx]Items!$F:$F = this is the column on the Spreadsheet Items that has the SKU (Text Data)

[catalog.xlsx]Items!$C:$C = this is the column from which the cell is that I need the data returned

I believe I have everything correct because the Helper Formula box gives the correct result, but when I hit enter, my cursor goes to the cell below it and the formula stays and the result does not get populated.  See pictures below:

After hitting <Enter> my cursor is at the Green box with Formula still in the cellRed Circles show the Result that should be where the formula is

Any help would be appreciated, I am using a subscription based Office 365 Family account if that matters.