Exit from Savannah warehouse aims to create long-term savings for Hooker Furnishings
Despite initial net charges, company expects estimated annual savings of up to $4.5 million starting in FY 2027 MARTINSVILLE, Va. — Hooker Furnishings expects to …
Category: Sales and earnings
February furniture store sales rise 5.5% from February 2024
Furniture segment was among the best-performing retail sectors tracked by the government, falling only behind health and beauty stores and non-store retailers WASHINGTON — Year-over-year …
Dorel Industries reports continued losses in Q4, full-year 2024
Previously announced restructuring aims to help improve the bottom line in 2025 and beyond MONTREAL — Dorel Industries announced losses for both the fourth quarter …
Lowe’s reports net income of nearly $7B for fiscal year 2024
Home improvement retailer also reports increase in net income for Q4 exceeding $1B MOORESVILLE, N.C. — Home improvement retailer Lowe’s Cos. reported an increase in …
Home Depot reports increase in Q4, full fiscal year ’24 sales
Company said results exceeded expectations as consumers continued their spending on home improvement projects ATLANTA — Home improvement retailer Home Depot reported an increase in …
A look behind the numbers from Wayfair’s latest earnings call
Company is making ongoing investments in logistics system and verified curation BOSTON — Earlier this month, online home furnishings giant Wayfair held its Q4 2024 …
Arhaus reports Q4, full-year financial results
Lifestyle retailer’s full-year revenues once again exceed $1 billion BOSTON HEIGHTS, Ohio — Lifestyle retailer Arhaus Inc. reported a slight increase in Q4 revenue and …
Slow housing market impacts Havertys’ Q4, full-year sales, earnings
Design consultants grow in importance to overall sales, representing nearly 32% of written business ATLANTA — Facing an ongoing housing slowdown that has impacted both …
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, …
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 …
