Noble House Chapter 11 bankruptcy declaration cites familiar industry challenges
Filing describes a host of issues that caused sales to decline and losses to mount dramatically over the past year CHATSWORTH, Calif. — A combination …
Category: Sales and earnings
August furniture store sales fall 7.8% from last year
Despite the drop, sales activity is still hovering above pre-pandemic levels, including in August 2020 after stores had reopened and demand for furniture started to …
Retailers reflect on Labor Day sales activity
Despite a relatively strong holiday weekend, many are keeping their eye on other economic indicators, namely interest rates and existing home sales HIGH POINT — …
Hooker Furnishings reports declines in Q2 sales, earnings
Results highlight softened demand in the industry and company’s exits from unprofitable segments of the business MARTINSVILLE, N.C. — Hooker Furnishings reported a drop in …
Bassett Furniture anticipates operating and net loss for fiscal Q3
Preliminary results released Sept. 6 show net sales were 26% lower than the same period in 2022 BASSETT, Va. — Upholstery and case goods manufacturer …
A closer look at Big Lots, Conn’s Q2 sales
Furniture remains a key category for both retailers. Will it be a drag on these businesses moving forward? HIGH POINT — A look at both …
Flexsteel conference call highlights bright spots, opportunities ahead
Company is making headway from previous quarters despite ongoing challenges in the marketplace DUBUQUE, Iowa — Flexsteel’s latest quarterly results released last week show a …
La-Z-Boy reports decline in fiscal Q1 net sales
Written same-store sales for company-owned stores rose 2%, driven by strong individual store performance and an increase in design business MONROE, Mich. — La-Z-Boy Inc. …
Flexsteel Industries reports declines in fiscal Q4, full-year net sales
Company’s profitability increases during the quarter and the full fiscal year DUBUQUE, Iowa — Flexsteel Industries reported a double-digit decrease in net sales for its …
Surya ranks on Inc. 5000 list for 10th time
WHITE, Ga. — Rug and home furnishings resource Surya has been named to the Inc. 5000 list for the 10th time, the company announced on …
