Tough retail environment impacts Ethan Allen Q4, 2024 fiscal year
While company remains profitable, consolidated sales declined 10% during the quarter and 18.3% for the full year DANBURY, Conn. — Amid an ongoing slump at …
Category: Sales and earnings
The road to ruin: A deep dive into the Conn’s, Badcock bankruptcy
THE WOODLANDS, Texas – You wouldn’t blame the good people in Arcadia, Wisconsin, for popping open some bubbly and celebrating like navy sailors in Manhattan …
Top 30 unsecured creditors owed nearly $100M in Conn’s bankruptcy
Resources range from appliance and electronics giants to furniture and mattress suppliers, showcasing the breadth of its product mix THE WOODLANDS, Texas — The top …
Will Conn’s soon file for bankruptcy protection?
THE WOODLANDS, Texas — Troubled home furnishings retailer Conn’s appears to be a giant step closer to filing for bankruptcy, according to a recent article …
La-Z-Boy continues to focus on its growing retail footprint
Company is looking to have 400 stores in the next several years, up from 355 at the end of its latest fiscal year ended April …
Conn’s receives delinquency notice from Nasdaq related to delayed 10-Q filing
Retailer given 60 days to submit a plan to regain compliance with rule related to the timely filing of its quarterly reports THE WOODLANDS, Texas …
May furniture store sales fall 6.8% from May 2023
Sector remains the worst performing of retail segments tracked by the government as consumers continue to pull back spending on some big-ticket purchases WASHINGTON — …
La-Z-Boy reports strong finish to Q4, fiscal year
Despite ongoing challenges in the housing market, the company remains profitable and maintains an operating cash flow of $158 million MONROE, Mich. — Citing a …
Industry downturn contributes to declines in fiscal Q1 sales, earnings at Hooker Furnishings
Company may look to major cost cuts to stem further losses moving forward MARTINSVILLE, Va. — Hooker Furnishings reported a drop in its consolidated net …
Lowe’s reports 4% drop in Q1 sales
Net earnings totaled $1.75 billion, down from $2.26 billion the same period last year MOORESVILLE, N.C. — Home improvement retailer Lowe’s Cos. reported a 4% …
