Yesterday, ahead of the company's conference call, we slightly increased our F2026 and F2027 EPS estimates after Flexsteel delivered better than expected results for 4Q:F25 and provided sales and operating margin guidance that was above our prior estimates for 1Q:F26. During the conference call, management gave additional guidance for its expectations for gross margin, SG&A expenses and the tax rate. In response to tariffs, effective August 1, Flexsteel put in place tariff surcharges of 4.0%-8.5% and also dialed back previously implemented ocean freight surcharges. While the net effect will be increased pricing for FLXS, we suspect the company's pricing actions could potentially result in lower unit volumes, at least in the near term. All in, as we slightly temper our revenue forecasts, fine tune our gross margin and SG&A expense projections and lower our tax rate assumptions, we raise our F2026 and F2027 EPS estimates to $3.85 and $4.29, respectively (from $3.72 and $4.02). Our moderate risk rating factors in the company's earnings growth prospects, solid balance sheet and ample free cash flow.