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 …
Category: Sales and earnings
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 …
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 …
