In our view, BSET will benefit from several internal initiatives such as new products, e-commerce gains, better targeted marketing and its solid U.S. manufacturing platform, along with increasing sales to the interior design channel. That said, given the still ongoing softness in the housing market, we reduce our revenue forecasts for the balance of F2025. While we still anticipate that BSET will profit from its prior restructuring actions, we reduce our profit outlook for 2H:F25 given tempered gross margin forecasts as well. Otherwise, we maintain our F2026 EPS estimate of $1.33 (with fine-tuned quarterly forecasts), which assumes an annual revenue gain of 3.3% and an operating margin of 4.2%. We assign a moderate risk rating to BSET given our assumption of the company's earnings rebound, solid balance sheet and expected free cash flow.