In 2026, we think Haverty will benefit from further improvements in traffic and, along with some price increases, we estimate same-store sales will increase 6.5% ahead of an expected 4.3% same-store sales gain in 2027. We also think HVT will benefit from accelerated store growth this year and next, as we assume five net new store openings each year in 2026 and 2027 versus none (on a net basis) in 2025. As Haverty seeks to drive more unit volumes with some strategic promotions, we now forecast a 5.7% operating margin in 2026 (down from 5.9%) and maintain our 7.1% estimate for 2027, versus 2.8% (down from 2.9%) projected for 2025. All told, we expect EPS of $2.38 in 2026 (was $2.48) and $3.19 in 2027 compared to estimated EPS of $1.15 in 2025 (was $1.17). We maintain our $35 price target, which is based on 11x our 2027 EPS estimate of $3.19. Our moderate risk rating factors in our assumption of a profit recovery in 2026 and 2027, along with HVT's solid balance sheet and ample free cash flow generation.