Hooker Furnishings reports declines in Q4, full-year revenues
Soft retail demand, exit of unprofitable HMI product lines impacts sales, but company also reports strong cash position, increased profitability due to reductions in inventory …
Category: Sales and earnings
Challenging retail environment causes decline in Bassett Furniture Q1 revenues
Company also reports net loss of $1.2 million, despite efforts to reduce costs BASSETT, Va. — In the midst of a challenging retail sales environment, …
What does the future hold in store for Dorel Home?
During period of lackluster demand for home furnishings, company reveals restructuring effort that will reduce headcount by 5%, generate $6.5 million in savings MONTREAL — …
February furniture store sales down 10.1% from last year
Sector continues to struggle as consumers delay large-ticket purchases WASHINGTON — Furniture store sales fell more than 10% in February compared to the same month …
Lowe’s reports fiscal Q4 sales, earnings
Decline in DIY activity, harsh winter weather led to 16.9% drop in overall Q4 sales, 6.2% decline in comp-store sales MOORESVILLE, N.C. — A decrease …
Wayfair reports Q4, full-year 2023 results
Online home furnishings retailer reports slight gains in Q4 revenues, narrows net loss for the quarter and full year BOSTON — Online home furnishings retailer …
Havertys Q4, full-year sales impacted by industrywide slowdown
Retailer reports 24.9% decrease in consolidated quarterly sales and 17.7% decline in sales for the full year ended Dec. 31 ATLANTA — Havertys reported double-digit …
Home Depot reports fiscal Q4, full-year results
Quarterly sales of $34.8 billion were down 2.9% from same period last year, while full-year sales fell 3% to $152.7 billion ATLANTA — Home improvement …
Harsh January weather, reduced store traffic impact La-Z-Boy fiscal Q3 sales
Company reports 13% decline in consolidated revenues during the quarter ended Jan. 27 MONROE, Mich. — La-Z-Boy reported consolidated sales of just over $500 million …
Are acquisitions in Flexsteel’s future?
Reduction in debt is expected to free up cash to help company achieve its expansion goals DUBUQUE, Iowa — Flexsteel’s latest earnings report for its …
