We are encouraged by the better-than-expected sales growth in 3Q:F25. Year over year revenue increased 5.9% to $80.1 million and outpaced our projection of $79.4 million. As per FactSet, the consensus revenue forecast was $79.9 million. Note that written retail sales were up 2.4% but adjusting for Noa Home (a previously acquired e-commerce site that was shut down last year), revenue would have increased 7.3% from 3Q:F25. With better-than-expected gross margin and operating margin (mainly due to higher profit margins in its wholesale segment) as well, 3Q:F25 EPS totaled $0.09 (matching the consensus EPS projection) and beat our estimate of $0.05. Management noted in last night's press release that Bassett continues to adapt by launching successful new products, strengthening marketing and e-commerce efforts, and navigating supply chain challenges. We also expect the company's U.S. manufacturing base to provide a competitive advantage which supports our view of further earnings gains through F2026. We expect to update our EPS estimates and roll out our initial F2027 EPS forecast after today's 9:00am ET conference call (844-543-0451). The balance sheet remains in pristine shape. BSET ended 3Q:F25 with zero bank debt and $54.6 million of cash and short-term investments, or $6.30 per share. We estimate free cash flow of $1.00 per share in F2025 and $1.40 in F2026 after the cash outflow of $0.12 per share in F2024. Our moderate risk rating factors in our assumption of the company's earnings rebound, solid balance sheet and expected free cash flow.