Big Lots annual report shows 13.6% drop in overall sales, 16% decline in furniture
Soft retail sales, store closures and Universal shutdown contributed to loss, company says After posting unaudited financials in early March, Big Lots now has filed …
Category: Sales and earnings
Flexsteel reports 8.2% increase in fiscal Q3 net sales
Reported $107.2 million in revenues exceeds prior guidance of $101 million to $106 million DUBUQUE, Iowa — Full-line furniture manufacturer Flexsteel Industries reported an 8.2% …
Ethan Allen reports declines in fiscal Q3 revenues amid ongoing retail slowdown
However, the company remains profitable with net income of $13 million during fiscal 2024 3rd quarter ended March 31 DANBURY, Conn. — Ethan Allen Interiors …
Conn’s quarterly results a mixed bag
6 weeks into Badcock acquisition, retailer already seeing benefits THE WOODLANDS, Texas — The much-anticipated fourth-quarter and fiscal-year earnings results for Conn’s were made public …
Hooker Furnishings reports declines in Q4, full-year revenues
Soft retail demand, exit of unprofitable HMI product lines impacts sales, but company also reports strong cash position, increased profitability due to reductions in inventory …
Challenging retail environment causes decline in Bassett Furniture Q1 revenues
Company also reports net loss of $1.2 million, despite efforts to reduce costs BASSETT, Va. — In the midst of a challenging retail sales environment, …
What does the future hold in store for Dorel Home?
During period of lackluster demand for home furnishings, company reveals restructuring effort that will reduce headcount by 5%, generate $6.5 million in savings MONTREAL — …
February furniture store sales down 10.1% from last year
Sector continues to struggle as consumers delay large-ticket purchases WASHINGTON — Furniture store sales fell more than 10% in February compared to the same month …
Lowe’s reports fiscal Q4 sales, earnings
Decline in DIY activity, harsh winter weather led to 16.9% drop in overall Q4 sales, 6.2% decline in comp-store sales MOORESVILLE, N.C. — A decrease …
Wayfair reports Q4, full-year 2023 results
Online home furnishings retailer reports slight gains in Q4 revenues, narrows net loss for the quarter and full year BOSTON — Online home furnishings retailer …
