Ongoing challenges at retail impact Hooker Furnishings’ Q3 results
Company reported 10.7% decline in Q3 revenue and a 12.9% decline in revenue for the first 9 months MARTINSVILLE, Va. — Citing ongoing challenges in …
Category: Sales and earnings
Bassett Furniture announces further layoffs, retirements
Restructuring will save an additional $2.5 million per year, for a total of $8 million to $9 million in savings that are part of its …
La-Z-Boy reports 2% increase in Q2 revenue
Written sales gains in retail segment help fuel overall revenue growth during the quarter MONROE, Mich. — La-Z-Boy reported a 2% increase in sales for …
Year-over-year furniture store sales rise 1.5% in October
Based on adjusted figures, this is the 2nd straight month of yearly increases in the sector WASHINGTON — October year-over-year furniture store sales rose for …
Dorel Industries reports 1.5% decrease in Q3 revenue
Company’s performance continues to be dragged down by residential furnishings sector MONTREAL — Dorel Industries reported a 1.5% decline in net revenues and an increase …
Arhaus reports declines in Q3 revenue, net income
BOSTON HEIGHTS, Ohio — Lifestyle retailer Arhaus reported a 9.2% drop in revenue for its third quarter ended Sept. 30. The company’s net revenue of …
Tempur Sealy reports gains in Q3 sales, net income
Decrease in North America sales are offset by increase in international sales LEXINGTON, Ky. — Bedding major Tempur Sealy International reported gains in sales and …
Wayfair reports 2% drop in Q3 revenues, reduces net loss by more than half
US revenues fall by 2.3% while international revenues remain stable BOSTON — Online home furnishings retailer Wayfair had a 2% drop in revenues and also …
Flexsteel reports 10% increase in fiscal Q1 sales
Growth was driven by furniture sold to retail stores and slightly offset by a decrease in products sold via e-commerce DUBUQUE, Iowa — Flexsteel Industries …
Bassett reports decline in fiscal Q3 revenues
Cyber security incident that suspended all financial systems and manufacturing for 7 days in July identified as a factor in revenue decrease BASSETT, Va. — …
