High inventories, drop in consumer demand hit home at Dorel Industries
Company reports drop in Q2 sales, earnings due to marketplace challenges MONTREAL — The results of Dorel Industries’ latest earnings report for the second quarter …
Category: Sales and earnings
Furniture stores sales edge up 2.1% in July
WASHINGTON — Furniture retailers appear to have made just a little progress unloading heavy inventories last month. Sales at U.S furniture and home furnishings stores …
Putting the recession in perspective
Guest columnist Tim Stump considers the challenges alongside many of the positives in today’s economy. Recession is defined as two consecutive quarters of negative GDP …
Doing more with less and other takeaways from Havertys second quarter
ATLANTA — Whenever I listen to a Havertys earnings call, the same three or four things always tend to pack the biggest punch for me. …
TD Bank survey shows inflation, supply chain worries not slowing down retailer buying plans
At least not among retailers queried during at last month’s Las Vegas Market LAS VEGAS — The latest TD Bank retail furniture survey confirms everything …
Wayfair posts Q2 sale decrease, 2022 loss grows
BOSTON — Home furnishings e-commerce giant Wayfair posted a double-digit decline in second quarter sales and swung to a loss vs. last year’s second quarter …
Ethan Allen reports double-digit increases in Q4 sales, earnings
DANBURY, Ct. – Ethan Allen Interiors reported double-digit increases in sales and earnings for its fiscal fourth quarter and full year ended June 30. The …
Havertys posts gains in Q2 sales and EPS
Written business drops by double digits, and the company warns inflation and other factors could make the second half challenging ATLANTA — Havertys posted second …
Tempur Sealy presentation offers window into company’s strategy and future
Company sees big opportunities in international markets and through OEM business LEXINGTON, Ky. — A glance at Tempur Sealy International’s latest investor presentation offers a …
Can a furniture industry recovery really be just around the corner?
RICHMOND, Va. — In his latest quarterly Furnishings Digest, Jerry Epperson lays out the bad news and the good news all in the first paragraph. “CHAOS” …
