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 …
Category: Sales and earnings
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 …
Year-over-year furniture store sales fall 2.4% in July
Decrease is the lowest yearly drop in the past 16 months, as sales also rose .5% from June WASHINGTON — Furniture store sales fell 2.4% …
Dorel reports improvements in Q2, 1st-half performance
Consolidated sales increases for the quarter and the 1st half were largely driven by the Dorel Juvenile segment MONTREAL — Dorel Industries reported an increase …
