Fiscal 2026 fourth quarter net income reached $0.5 million, marking a return to profitability despite a 20.5% decline in net sales to $67.0 million. Full-year net sales were $278.1 million, a 12.4% decrease year-over-year, impacted by lower hospitality sales and a shorter fiscal year. The company successfully divested the Pulaski Furniture and Samuel Lawrence Furniture businesses to simplify its portfolio. Fixed costs were reduced by approximately $26.3 million, or 25%, during the fiscal year. Inventory levels were significantly reduced by $17.5 million to $48.7 million at year-end. The company reported a consolidated full-year net loss of $27.0 million, largely driven by $15.6 million in non-cash impairment charges and $14.2 million in losses from discontinued operations.