Trouble at Kuka Home? Financials and key departures suggest tough sledding
6-month report shows a mixed bag of results and an acutely soft domestic market Kuka Home, aka Jason Furniture (Hangzhou), one of China’s larger upholstered …
Category: Sales and earnings
Bassett Furniture reports 3.4% increase in fiscal Q3 revenues
Net income for the quarter ended Aug. 29 totals $2.1 million, compared with $801 million the same period last year BASSETT, Va. — Bassett Furniture …
Retailers pleased with Labor Day sales activity
While macro headwinds linger, retailers report strong traffic and a surprising appetite for premium goods over bargain hunting The last couple of traditional selling holidays …
Furniture store sales rise 1.9% from August 2025
Overall retail sales were up 6% during the same period, suggesting consumer spending is on the rebound WASHINGTON — On Sept. 16, the U.S. Census …
Hooker Furnishings reports 3rd consecutive quarter of profitability
Q2 net income bolstered by tariff refunds, prior cost-cutting measures MARTINSVILLE, Va. — Tariff refunds combined with prior cost-cutting measures helped boost net income at …
Is Ethan Allen dividend a sound business strategy or an attempt to win shareholder votes?
Activist shareholder Doug Bergeron calls dividend a distraction and a deflection DANBURY, Conn. — By now you have probably read or heard of Ethan Allen’s …
Lowe’s reports 8.3% increase in Q2 sales
This marked the home improvement retailer’s 5th consecutive quarter of comp-store sales growth MOORESVILLE, N.C. — Home improvement retailer Lowe’s reported an increase in sales …
Home Depot sees increase in Q2, 1st-half sales
Furniture is an increasingly important part of the retailer’s mix, sold on the company website and available for pickup or delivery to the customer’s home …
La-Z-Boy reports strong Q1 performance in its retail segment
Net loss for the quarter nears $2 million, compared with net income of $18.3 million last year MONROE, Mich. — La-Z-Boy reported a decrease in …
Consumers are still spending — but not on furniture
Retail sales rose 5% year over year in July, but home furnishings sales fell 1.2% as consumers continued to spend in other categories WASHINGTON — …
