Bassett Furniture reports 1.1% increase in Q2 revenue
Company also reports continued profitability for 2nd quarter and 1st half, resulting from cost-cutting initiatives last year BASSETT, Va. — Driven by gains in its …
Category: Sales and earnings
La-Z-Boy reports increase in Q4, full-year sales
Retail sales driven by opening of new stores, acquisition of existing independent La-Z-Boy Furniture Galleries MONROE, Mich. — La-Z-Boy reported an increase in Q4 and …
May furniture store sales rise 8.8% from May 2024
Sector reports its 9th straight year-over-year increase since last September WASHINGTON — Furniture stores had another banner month in May as sales rose 8.8% from …
Hooker Furnishings to cut costs by an additional $15M this fiscal year
Move aims to enhance profitability, operational efficiency and long-term shareholder value MARTINSVILLE, Va. — Hooker Furnishings has announced plans to cut costs by $15 million …
Memorial Day receives mostly positive reviews from retailers across the US
Despite the threat of tariffs, consumers appeared eager to take advantage of sales offering big savings across categories HIGH POINT — A number of retailers …
Home Depot reports 9.4% increase in Q1 sales
Overall same-store sales rose .3% during same quarterly period ended May 4 ATLANTA — Home improvement retailer Home Depot reported $39.9 billion in sales for …
April furniture store sales rise 7.8% from April 2024
Sector continues ongoing streak of year-over-year increases, although this could be related to consumers trying to purchase products before tariffs increase WASHINGTON — Furniture store …
Dorel Home to consolidate key operations of residential furniture segment into Cosco division
Move aims to substantially cut costs by reducing redundant positions that it said are not necessary to support anticipated sales levels and channels moving forward …
Ethan Allen reports 2.5% drop in fiscal Q3 revenue
However, company maintains strong balance sheet, reporting $9.9 million in adjusted net income and $183 million in cash and investments with no outstanding debt DANBURY, …
Wayfair reports slight increase in Q1 net revenue
Company also further reduces its net loss by more than half BOSTON — Home furnishings retailer Wayfair reported an increase in net revenue, while also …
