Lowe’s Home Improvement sees opportunity in indoor, outdoor furnishings
Company website offers many SKUs across bedroom, dining room, living room and office furniture MOORESVILLE, N.C. — As readers will soon notice on our latest …
Category: Sales and earnings
Home Depot Q1 results sound vaguely similar to woes in the furniture industry
President, CEO Ted Decker said 3-year period of unprecedented growth was expected to be followed by a ‘year of moderation’ in 2023 ATLANTA — As …
Tempur Sealy Q1 earnings spell out financial position as it enters acquisition mode
Company reports net sales of $1.21 billion, net income of $85.3 million for first quarter ended March 31 LEXINGTON, Ky. — In what probably amounted …
Wayfair’s latest results show it could be facing long road to profitability
Company still reports a net loss of $355 million despite extensive cost-cutting measures BOSTON, Mass. — Wayfair Inc.’s latest results show that a turnaround to …
Havertys reports 5.9% decrease in consolidated Q1 sales
Written sales were down 11.7% and written comp-store sales were down 12.7% for the quarter ATLANTA, Ga. — Havertys reported consolidated sales for its first …
Dorel Industries says network security incident will impact Q1 revenues, earnings
MONTREAL — Home furnishings and juvenile products specialist Dorel Industries said recently that it expects a recent network security incident to have a negative impact …
Flexsteel reports 29.5% decline in revenues in fiscal Q3
Decrease was driven by $36.7 million drop in sales of furniture sold through retail stores and $4.7 million decrease through e-commerce channels DUBUQUE, Iowa — …
Ethan Allen reports fiscal Q3 decline in net sales, income
Company says written orders in its retail segment are still up 3.6% compared to its pre-pandemic third quarter of fiscal 2019 DANBURY, Conn. — Ethan …
Hooker Furnishings reports Q4, full fiscal year 2023 results
HMI segment continued to drag down revenues and earnings, but company has a path forward to profitability with exit of Accentrics Home MARTINSVILLE, Va. — …
YOY furniture retail sales fell 2.4% in March
Monthly sales decline from February was slightly smaller at 1.2% WASHINGTON — Year-over-year furniture store sales slumped again in March, although some of the decline …
