Retail remains a core part of La-Z-Boy’s strategy
Planned divestiture of non-core businesses allows company to focus on marketing its own brand, which includes expanding its store footprint MONROE, Mich. — Industry observers …
Category: Sales and earnings
Furniture retail sales growth slows in September
Reported 1.2% gain is the lowest percentage monthly year-over-year increase so far this year WASHINGTON — Furniture store sales rose again in September, albeit at …
Lowe’s reports 3.2% increase in Q3 net sales
Comp-store sales rise .4%, supported by growth in online sales and double-digit growth in home services, Pro sales MOORESVILLE, N.C. — Home improvement retailer Lowe’s …
Home Depot reports 2.8% increase in Q3 sales
Home improvement retailer also remains profitable with net earnings totaling $3.6 billion ATLANTA — Home improvement retailer Home Depot reported a 2.8% increase in sales …
NRF report says furniture store sales fell 1.7% from October 2024
Total retail sales excluding automobile dealers and gasoline stations are estimated to be up 5% from same period last year WASHINGTON — Furniture store sales …
Dorel Q3 results reflect downsizing of its furniture division
Dorel Home reports 40.7% decline in Q3 revenue, representing an intentional reduction of noncore SKUs MONTREAL — Dorel Industries reported a 15.7% decline in revenue …
Wayfair reports 8.1% increase in Q3 revenue
Net loss for the quarter rises to $99 million, compared to $74 million last year BOSTON — E-commerce home furnishings specialist Wayfair reported an 8.1% …
Flexsteel reports increase in Q1 sales, net income
Company achieved 8th consecutive quarter of year-over-year revenue growth for quarter ended Sep. 30 DUBUQUE, Iowa — Flexsteel Industries reported an increase in net sales …
Bassett Furniture reports increases in Q3 revenue, net income
Consolidated sales were driven by strong performance in the retail and wholesales sides of its business BASSETT, Va. – For its third fiscal quarter ended …
Furniture store sales rise 5.2% from August 2024
Strong year-over-year sales activity aligns with reports from retailers of a strong August that continued into the Labor Day holiday weekend WASHINGTON — Furniture store …
