Wayfair reports 3.4% decline in Q2 net revenues
Company also lowers net loss significantly largely because of cost-cutting measures BOSTON — Driven by declines in international sales, Wayfair reported a decrease in overall …
Category: Sales and earnings
Tempur Sealy reports gains in Q2 sales, net income
Company said it is still assessing the impact of a July 23 cybersecurity incident on its business, operations and financial results LEXINGTON, Ky. — Tempur …
Ethan Allen reports strong fiscal Q4, full year despite sales declines
Company remains profitable with a consolidated gross margin of 61.5% for the quarter compared to 58.2% a year ago DANBURY, Conn. — HNN 125 retailer …
Havertys reports declines in Q2 revenues, net income
Outlook remains positive as company has strong cash balance and has secured 4 former Bed Bath & Beyond locations that it plans to open as …
Bassett Furniture reports 22% decline in consolidated Q2 revenues
Company remains profitable with just over $2 million in net income reported for the quarter ended May 27 BASSETT, Va. — Bassett Furniture Industries reported …
La-Z-Boy reports fiscal Q4, full-year results
Consolidated FY 2023 sales total $2.349 billion, down slightly from the prior fiscal year MONROE, Mich. — La-Z-Boy reported a drop in quarterly sales and …
Furniture retail sales fell 6.4% in May
Overall retail sales rose 1.6% with increases in restaurants and bars, health and beauty stores and e-commerce platforms WASHINGTON — Year-over-year furniture retail store sales …
Hooker Furnishings’ latest earnings report has more positives than negatives
A decline in inventories and a lowering of loss at Home Meridian show the company is moving in the right direction MARTINSVILLE, Va. — In …
Hooker Furnishings reports declines in fiscal 2024 Q1 sales, earnings
Company remains profitable in most segments, narrows operating loss in Home Meridian division MARTINSVILLE, Va. — A slow retail environment combined with its recent exit …
Conn’s, Big Lots results show related, yet unique challenges in furniture segment
Both retailers had declines in revenues and net income during their first fiscal quarter. The economy and other factors will determine how they each change …
