Some investors said that Starbucks Corp. (NASDAQ: SBUX) earnings were a sign of a turnaround. ...

Argus raised the firm’s price target on IFF (IFF) to $80 from $70 and keeps a Buy rating on the shares. The firm has a favorable view of the company’s innovative products and global reach, as well as their broad-based product applications across different markets, and while the company’s growth trajectory has been flattened by geopolitical developments and high raw material costs, Argus expects earnings to turnaround in the next few quarters, the analyst tells investors in a research note. Claim 50% Off ...

Core Insights - Bassett Furniture Industries, Inc. (BSET) is currently positioned in a challenging housing market, with expectations for recovery potentially in 2026 [1][8] - The company holds a Zacks Rank of 5 (Strong Sell), indicating it is in the bottom 7% of Zacks Ranked Industries [1] Company Overview - Bassett operates 86 company and licensee-owned stores in the U.S., focusing on home furnishings, including custom furniture design and in-home design visits [2] - Approximately 60% of products are sold through stores, with a significant wholesale business serving over 1,000 open market accounts [2][3] Financial Performance - In Q3 2025, Bassett reported earnings of $0.09, meeting Zacks Consensus, with a revenue increase of 5.9% year-over-year; excluding Noa Home Inc. sales, revenue rose 7.3% [4] - Gross margin improved by 320 basis points to 56.2%, attributed to better margins in the wholesale segment [4] Earnings Outlook - Analysts predict a turnaround in earnings, with expectations of a 268% increase in 2025 to $0.81 from a loss of $0.48 in the previous year, followed by a further 34.6% growth to $1.09 in 2026 [6] Market Sentiment - Despite the anticipated earnings recovery, the Zacks Rank reflects a downward revision in analyst estimates for 2025 and 2026, contributing to the Strong Sell rating [7][8] - Bassett's shares have increased by 22% year-to-date and 13.5% in the last month, despite the challenging market conditions [9] Competitive Position - The company manufactures about 75% of its furniture in the U.S., which helps it avoid many tariffs [11] - Bassett is considered shareholder-friendly, offering a dividend yield of 4.9% [11] - The stock is trading at a forward P/E ratio of 15, indicating it may be undervalued [13]

Core Insights - The company exceeded revenue expectations but is struggling to meet demand due to supply constraints [1] Group 1 - The company reported higher than expected revenue [1] - There is significant demand in the market that the company is unable to fulfill [1] - Supply constraints are impacting the company's ability to meet this demand [1]