- Kimball should have a weak Q3 due to the delay in big companies bringing workers back to the office (especially in major cities) and high freight costs.
- Work from home will eventually transition back to work in the office. Education will come back to the classroom. Furniture demand in those end markets will increase.
- Leisure travel is already nearly back to 2019 levels. Corporate travel still has room to improve. Kimball's Hospitality business should recover soon.
- I reviewed why Kimball has the highest ROIC in the industry.
- I detailed the Poppin acquisition and the positive comments on it from the firm's former COO/President.
For further details see:
Kimball Investors Looking For Signs Of A Cyclical Ramp