Lowe’s reports 7.4% decline in Q3 sales
Reduction in DIY discretionary spending reduces revenues to $20.5 billion, compared to $23.5 billion the same period last year MOORESVILLE, N.C. — Home improvement specialist …
Category: Sales and earnings
Furniture store sales fall 11.8% from October 2022
Sector continues to falter amid competition from other segments including health and beauty stores and restaurants WASHINGTON — Furniture store sales fell nearly 12% in …
Designer-driven custom orders fuel Havertys’ business in tough times
Special-order business during Q3 was up 47% from last year, driving higher average tickets ATLANTA — Like many in the industry, HNN 125 retailer Havertys …
Dorel reports 3.9% decline in Q3 sales
Company also narrows its adjusted net loss to $10.4 million, from $34.7 million last year MONTREAL — Dorel Industries reported a 3.9% decline in revenues …
Tempur Sealy offers update on Mattress Firm deal, announces 3rd-quarter financial results
On its latest conference call, Tempur Sealy International Inc. announced financial results for the third quarter ended Sept. 30 and revised financial guidance for the full year 2023. It …
Some industry players prepare for a rebound post-recession
Aggressive product introductions, store openings offer the potential to gain market share for those willing to take the risk HIGH POINT — Few would describe …
Arhaus reports 1.9% increase in Q3 net revenues
Company also reports growth in store footprints with 2 new showrooms opening in Florida and New York this month and 3 new California showrooms opening …
Wayfair reports 3.7% increase in Q3 net revenues
Company also narrows net loss to $163 million from $283 million last year BOSTON — Wayfair Inc. reported a 3.7% increase in total net revenues …
Flexsteel reports 1.1% drop in net sales for fiscal Q1
Net income, gross margin rise due to expense controls, other cost savings initiatives DUBUQUE, Iowa — Full-line furniture resource Flexsteel Industries reported a slight decrease …
Ethan Allen reports declines in fiscal Q1 revenues, net income
Company attributes drop in sales to July flooding of plant in Orleans, Vermont, and a slowdown in business DANBURY, Conn. — Ethan Allen Interiors reported …
