Retailers reflect on Labor Day sales activity
Despite a relatively strong holiday weekend, many are keeping their eye on other economic indicators, namely interest rates and existing home sales HIGH POINT — …
Category: Sales and earnings
Hooker Furnishings reports declines in Q2 sales, earnings
Results highlight softened demand in the industry and company’s exits from unprofitable segments of the business MARTINSVILLE, N.C. — Hooker Furnishings reported a drop in …
Bassett Furniture anticipates operating and net loss for fiscal Q3
Preliminary results released Sept. 6 show net sales were 26% lower than the same period in 2022 BASSETT, Va. — Upholstery and case goods manufacturer …
A closer look at Big Lots, Conn’s Q2 sales
Furniture remains a key category for both retailers. Will it be a drag on these businesses moving forward? HIGH POINT — A look at both …
Flexsteel conference call highlights bright spots, opportunities ahead
Company is making headway from previous quarters despite ongoing challenges in the marketplace DUBUQUE, Iowa — Flexsteel’s latest quarterly results released last week show a …
La-Z-Boy reports decline in fiscal Q1 net sales
Written same-store sales for company-owned stores rose 2%, driven by strong individual store performance and an increase in design business MONROE, Mich. — La-Z-Boy Inc. …
Flexsteel Industries reports declines in fiscal Q4, full-year net sales
Company’s profitability increases during the quarter and the full fiscal year DUBUQUE, Iowa — Flexsteel Industries reported a double-digit decrease in net sales for its …
Surya ranks on Inc. 5000 list for 10th time
WHITE, Ga. — Rug and home furnishings resource Surya has been named to the Inc. 5000 list for the 10th time, the company announced on …
Year-over-year furniture store sales fell 6.3% in July
Sales also lagged from the previous month as consumers shift spending to other areas WASHINGTON — Furniture store sales fell 6.3% in July as consumers …
Some key takeaways from Dorel’s latest earnings
Furniture segment lags because of ongoing inventory issues at retail, but company believes a turnaround is imminent MONTREAL — Dorel’s latest earnings report for its …
