Flexsteel reports 10% increase in fiscal Q1 sales
Growth was driven by furniture sold to retail stores and slightly offset by a decrease in products sold via e-commerce DUBUQUE, Iowa — Flexsteel Industries …
Category: Sales and earnings
Bassett reports decline in fiscal Q3 revenues
Cyber security incident that suspended all financial systems and manufacturing for 7 days in July identified as a factor in revenue decrease BASSETT, Va. — …
Subpoenas issued in class action lawsuit against Franchise Group, B. Riley
We reported in July the lawsuit brought against the Franchise Group, B. Riley Financial and former FRG CEO Brian Kahn by “former FRG investors,” including and …
Big Lots reports declines in Q2, 1st-half sales
Retailer slightly narrows net loss during the same periods, while also reporting $556.1 million in debt which its earnings statement described as in “default and …
Hooker Furnishings reveals further details on layoffs, cost reductions
Earnings call also offers insights into recent successes including performance at Sunset West, plus first quarterly increase in 2 years at Home Meridian division MARTINSVILLE, …
Big Lots files for Chapter 11 bankruptcy protection
Affiliate of Nexus Capital Management identified as stalking horse bidder to acquire company assets and business operations COLUMBUS, Ohio — Retailer Big Lots has filed …
Ongoing market challenges impact Hooker Furnishings fiscal Q2 sales
Company moves forward with cost-reduction plan, including its recent reduction in headcount through early retirement offers and cutting positions MARTINSVILLE, Va. — Hooker Furnishings reported …
Will furniture retail sales uptick in July be fleeting?
Monthly and year-over-year gains are tempered by slow year-to-date sales activity WASHINGTON, D.C. — For a change, there was some good news for the furniture …
La-Z-Boy reports 3% increase in Q1 sales
Improvement is driven by gains on the wholesale side of the business and offset by lower sales to its retail stores and lower delivered volume …
Flexsteel reports increases in fiscal Q4, full-year sales
The company’s 4th-quarter increase was driven by sales at brick-and-mortar stores and offset by an 11.7% drop in e-commerce DUBUQUE, Iowa — Flexsteel Inds. reported …
