Ethan Allen reports 2.5% drop in fiscal Q3 revenue
However, company maintains strong balance sheet, reporting $9.9 million in adjusted net income and $183 million in cash and investments with no outstanding debt DANBURY, …
Category: Sales and earnings
Wayfair reports slight increase in Q1 net revenue
Company also further reduces its net loss by more than half BOSTON — Home furnishings retailer Wayfair reported an increase in net revenue, while also …
Havertys reports 1.3% drop in Q1 sales
Company also reports increases in net income and gross profit ATLANTA — Retailer Havertys Furniture reported a drop in sales but an increase in profitability …
Flexsteel reports 6.3% increase in fiscal Q3 sales
This represents the company’s 6th consecutive quarterly increase in revenues DUBUQUE, Iowa — Full-line furniture resource Flexsteel Industries reported its sixth consecutive quarterly increase in …
Hooker Furnishings reports 8% increase in Q4 sales
Company also reports net losses for the quarter and the full year tied to inventory write downs, bad-debt expenses and restructuring costs MARTINSVILLE, Va. — …
March furniture store sales rise 7.7% from March 2024
This marks the 8th straight gain for the furniture segment as some consumers are buying products before tariffs take effect WASHINGTON — Year-over-year furniture store …
RH misses projections, but declares readiness for rough waters
RH CEO Gary Friedman has often declared that difficult retail climates can end up helping the upscale retailer. The tough sledding winnows out weaker competition, …
Bassett reports continued profitability in Q1, despite 5.1% drop in sales
Wholesale segment of business also reports a boost in operating income representing 16.4% of sales BASSETT, Va. — Bassett Furniture reported a 5.1% drop in …
Exit from Savannah warehouse aims to create long-term savings for Hooker Furnishings
Despite initial net charges, company expects estimated annual savings of up to $4.5 million starting in FY 2027 MARTINSVILLE, Va. — Hooker Furnishings expects to …
February furniture store sales rise 5.5% from February 2024
Furniture segment was among the best-performing retail sectors tracked by the government, falling only behind health and beauty stores and non-store retailers WASHINGTON — Year-over-year …
