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 — …
Category: Sales and earnings
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% …
Dorel Industries reports 5.4% increase in Q1 revenue
Company also narrows net loss by $13.9 million, while also increasing its gross margin through lower freight and raw materials costs MONTREAL — Dorel Industries …
Ethan Allen sees consumers ‘returning to the home’
Latest conference call identifies steps company is making to improve business prospects DANBURY, Conn. — Coming out of a challenging winter that also impacted the …
Havertys reports 18.1% drop in Q1 sales
Ongoing softness in the housing market presents challenges as consumers continue to pull back spending on home furnishings ATLANTA — Retailer Havertys reported a 18.1% …
Wayfair reports 1.6% decline in Q1 revenues
Company reduces net loss to $248 million, compared to $355 million last year BOSTON — Online home furnishings retailer Wayfair reported a 1.6% decline in …
Arhaus investor presentation highlights growth opportunities
Core strategies include increasing brand awareness, expanding its physical store footprint and using technology to build its omnichannel platform BOSTON HEIGHTS, Ohio — A glance …
Big Lots annual report shows 13.6% drop in overall sales, 16% decline in furniture
Soft retail sales, store closures and Universal shutdown contributed to loss, company says After posting unaudited financials in early March, Big Lots now has filed …
