PartnershipsThe end of the partnership with Best Buy allows the company to focus on its own showroom and digital ecosystem, enhancing long-term profitability and brand control.
Product InnovationThe introduction of new products like Evercouch and Recliner, alongside target marketing, is expected to drive improved performance in the second half of the fiscal year.
ValuationThe company's valuation is considered attractive at current levels, trading at a lower multiple compared to the peer average, supporting the Buy rating.