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 …
Category: Sales and earnings
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 …
November furniture store sales increase .7% from November 2023
Slight gain marks the 3rd consecutive year-over-year increase for the furniture retail segment WASHINGTON — Furniture store sales rose .7% in November, a sign that …
Natuzzi Q3 earnings report highlights challenges, growth opportunities
Company’s store network shows surprising resilience in spite of lingering challenges at retail HIGH POINT — Natuzzi’s latest earnings statement for the first nine months …
Ongoing challenges at retail impact Hooker Furnishings’ Q3 results
Company reported 10.7% decline in Q3 revenue and a 12.9% decline in revenue for the first 9 months MARTINSVILLE, Va. — Citing ongoing challenges in …
Bassett Furniture announces further layoffs, retirements
Restructuring will save an additional $2.5 million per year, for a total of $8 million to $9 million in savings that are part of its …
La-Z-Boy reports 2% increase in Q2 revenue
Written sales gains in retail segment help fuel overall revenue growth during the quarter MONROE, Mich. — La-Z-Boy reported a 2% increase in sales for …
Year-over-year furniture store sales rise 1.5% in October
Based on adjusted figures, this is the 2nd straight month of yearly increases in the sector WASHINGTON — October year-over-year furniture store sales rose for …
Dorel Industries reports 1.5% decrease in Q3 revenue
Company’s performance continues to be dragged down by residential furnishings sector MONTREAL — Dorel Industries reported a 1.5% decline in net revenues and an increase …
