La-Z-Boy’s latest earnings call highlights areas of success and opportunity
Company remains steadfast in its approach to retail store development, investing some $19 million in capital expenditures for the segment during its latest quarter MONROE, …
Category: Sales and earnings
January furniture store sales rise 3.7% over January 2024
Sector has its 5th year-over-year gain since September 2024, offering a glimmer of optimism for the industry this year WASHINGTON — Furniture store sales continued …
Flexsteel Q2 conference call addresses possible tariffs
25% Mexico tariffs alone could add $1.5 million to $2 million to company’s costs each month DUBUQUE, Iowa — As expected, proposed tariffs were a …
Year-end retail sales figures show how furniture stacks up with other categories
Data shows that 2024 was still a challenging year in spite of gains over the past 4 months WASHINGTON — December’s retail sales figures once …
Bassett Furniture’s Q4 conference call offers window into its path forward
2025 will be a year in which the company must balance ongoing efficiencies with further investments in the business to remain profitable BASSETT, Va. — …
Flexsteel reports 5th consecutive quarter of year-over-year sales growth
Company fiscal Q2 net income also increased to $9.1 million, from $3.1 million the same period last year DUBUQUE, Iowa — Bolstered by improved traffic …
Dorel announces major restructuring for its Home division
Overall cost-cutting initiatives aim to add up to $40 million to bottom line in 2026 MONTREAL, Quebec — Dorel Industries announced on Thursday a major …
Bassett Q4 results show return to profitability
Company cost-cutting measures during the fiscal year have begun to materialize, benefiting the bottom line BASSETT, Va. — Bassett Furniture reported net income of $3.2 …
Ethan Allen reports declines in Q2, 1st-half sales, net income
Company remains profitable with net income of $15 million DANBURY, Conn. — Ethan Allen reported a 6% decline in consolidated net sales and a 12.9% …
December furniture retail sales see a strong rebound
8.4% year-over-year increase is the highest in almost 2 years and the 4th straight month of yearly gains WASHINGTON — Furniture store sales had their …
