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. — …
Category: Sales and earnings
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 …
Dorel Industries reports continued losses in Q4, full-year 2024
Previously announced restructuring aims to help improve the bottom line in 2025 and beyond MONTREAL — Dorel Industries announced losses for both the fourth quarter …
Lowe’s reports net income of nearly $7B for fiscal year 2024
Home improvement retailer also reports increase in net income for Q4 exceeding $1B MOORESVILLE, N.C. — Home improvement retailer Lowe’s Cos. reported an increase in …
Home Depot reports increase in Q4, full fiscal year ’24 sales
Company said results exceeded expectations as consumers continued their spending on home improvement projects ATLANTA — Home improvement retailer Home Depot reported an increase in …
A look behind the numbers from Wayfair’s latest earnings call
Company is making ongoing investments in logistics system and verified curation BOSTON — Earlier this month, online home furnishings giant Wayfair held its Q4 2024 …
