Hooker Furnishings reports fiscal Q2 declines in sales, earnings
Company outlook for second half remains positive due to improvements in Asian supply chain MARTINSVILLE, Va. — Hooker Furnishings reported second fiscal quarter consolidated net …
Category: Sales and earnings
Flexsteel reports drop in Q4 sales, earnings
Sales for full year rose 13.6%, while net income faltered DUBUQUE, Iowa – Full-line furniture resource Flexsteel reported a drop in sales and earnings for …
La-Z-Boy posts record Q1 sales, operating income
MONROE, Mich. – La-Z-Boy reported record consolidated first quarter sales of $604 million and record first quarter operating income of $52.6 million. Consolidated sales during …
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 …
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 …
