Investor Second Quarter 2025 Presentation Disclaimer Certain matters discussed in this presentation contain forward-looking statements concerning our business, operations and financial performance and conditions, as well as our plans, objectives and expectations for our business operations and financial performance and condition. These statements may be preceded by, followed by or include the words "may," "expect," "will," "will likely result," "should," "estimate," "plan" and other similar expressions that ...

Financial Performance - First quarter revenue increased by 80% year-over-year, reaching $332 million, driven by growth in Bath Furniture and Covered Bridge[29, 37, 38] - Gross profit for the first quarter of 2025 was $89 million, a 58% increase compared to the previous year[40] - Adjusted Operating Income was $(13) million, as the company prioritized strategic initiatives[43] - Adjusted Net Income for the first quarter of 2025 was $(11) million, compared to $(02) million in the same period last year[46] - The company ended the quarter with $119 million of net debt and $143 million in total liquidity[30] Segment Performance - Sanitaryware revenue decreased by 17% year-over-year[47] - Bath Furniture revenue increased by 327% to $41 million[49] - Other revenue, primarily from custom kitchen cabinetry, increased by 1357% to $33 million[53] Guidance - The company projects net revenue between $135 million and $145 million, and adjusted net income between $(19) million and $10 million for 2025[58] Strategy and Outlook - The company is focused on its Brands, Products, Channels (BPC) growth strategy[7, 21, 61]